Is the squeeze on?

[Moose]

Well said Gator.

Moose

[Gator]

After the day trading day, I went back over my bloomberg to see a reason for the 2PM spike. I saw this story.

Commodities Trader: IOC Short Position Idea [UPDATE]
[ In Play]

Commodities Trader: IOC Short Position Idea (73.87 +1.38)
[Update]
Taking another short position in this energy play Interoil (IOC)... see my
earlier posts on IOC under COMDX. Risking $1.25 for now.

Once it broke above $75.12 maybe some short term commodities trades were covering.

[admin]

Should have stuck to commodities..

[TomCrooz]

You will know when the squeeze is on when the volume hits 4 mill and stock is up 10

[jft310]

Tom. Is your comment before the 5 for 1 split or after????Ho Ho/

[TxPm]

I havent seen anyone comment on th short sale volume yet but yesterday was the highest short volume (168,837) since May 14th. Looks to me like the shorts still haven't learned their lesson. Just for a comparison last Friday the short sale volume was only 35,671 shares

[jft310]

Wait till the split and they will learn. Today its good they are shorting more.

[TxPm]

Today seems to have started right where yesterday left off. There is no MM in the stock & I am seeing spreads of .50+ all the way to $1.25

[admin]

Well, perhaps Tx, but it seems there is some powerful support as well..