Using the Fusion IQ software, we run a number of different screens each day. One of our favorites is the Short Squeeze. Here's the most recent run of stocks:
BMRN BioMarin Pharmaceutical - AVG
DAILY VOL. 1.5 MIL - 16.86% OF FLOAT SHORT
HLS HealthSouth - AVG DAILY VOL.
700,000 - 25.07% OF FLOAT SHORT
ADVS Advent Software - AVG DAILY VOL.
315,000 - 18.55% OF FLOAT SHORT
(ADVS hardest to buy but may be most
DRRX Durect - AVG DAILY VOL.
357,000 - 11.13% OF FLOAT SHORT
(Would avg. cost buy between 6.75 and 6.50 -
short-term target $ 8.00)
Historically, we look for a 10-15% move over the near term period in short squeezes. A tight stop is always advised.
Health South (HLS)
click for larger chart with historical Buy signals