Several days back we highlighted Red Robin Gourmet Burgers (RRGB) as a FusionIQ short squeeze. Shares subsequently shot up 6 percent over the last three days versus only a 0.69 percent return for the S&P 500 over the same period. Today RRGB again shows up on FusionIQ’s above average volume short squeeze page. With a point and figure target of $ 57.00 RRGB certainly offers lots of upside potential from present levels and with over 50% of its float short shares have ample pent up buying demand to drive prices higher.
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