Squeeze Me



This mornings earnings reports include several heavily shorted retail names.  It turns out retail isn't going bankrupt just yet.

$SHLD is up over 10%.   It's short interest remains over 60% of the float.

$W another retail name under constant attack by the shorts still sports a near 30% short interest.

$BIG  Big lots reports earnings tonight and has an over 43% short interest.

$BURL reported earnings this morning and has almost 10% of its float in the hands of short sellers.  The shorts continue to get this name wrong.

$JCP has 42% of its float in the hands of short sellers.  They've been right for a long time on this name.

$KSS   is at 22% short interest.

$URBN is at 25%

$SHAK is 53% of the float short.

The bottom may not be in for retail, however if it is, or even if this mornings action symbolizes a medium term bottom, we could see quite the short squeeze in retail.


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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