3 Stocks Building Toward a Big Short Squeeze

CERN, PRGO among a couple plays that could pop

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Short Squeeze Candidate #1: Cerner (CERN)

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Healthcare has been in the air lately with the implementation of the Affordable Care Act. The uncertainty surrounding the changes in legislation has traders betting against a number of companies, including Cerner (CERN).

Despite trading near all-time highs, short sellers have been hammering this healthcare information systems company. Current short interest for CERN stock stands at 22 times its average daily volume, setting up a nice short squeeze possibility.

Expect to see the shorts’ resolve start to break as CERN stock cracks the $60 level, sparking a short squeeze.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/short-squeeze-stocks-to-buy/.

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