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Highly Shorted Stocks On Watch

Posted, by inthemoneystocks on June 18th, 2012

Stocks like First Solar, Inc. (NASDAQ:FSLR) have been on a tear lately, as nervous shorts have started to cover. First Solar is trading at $14.90, +0.95 (6.81%). Just two weeks ago the stock traded at a 52 week low of $11.43. With this stock squeezing, other highly shorted well known names need to be watched. These include Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) and Netflix, Inc. (NASDAQ:NFLX). Both of these stocks are trading at major lows and have a huge short position. Shorts get nervous together and if FSLR is starting to pop, these others may be close behind.

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Authored by, inthemoneystocks
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