3 Stocks to Buy on Short Squeeze Hopes

The setup is just right for a boom -- increasing short interest despite a pretty technical picture

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3 Stocks to Buy on Short Squeeze Hopes

Stocks to Buy – Myriad Gynetics (MYGN)

061814 mgyn stock 300x185 3 Stocks to Buy on Short Squeeze Hopes
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Shares of Myriad Gynetics (MYGN) are up roughly 5% in the past week, and MGYN has spent the past month bouncing between $32 and $37 on higher than normal volatility. This stock should be considered an aggressive trade with a short-term target of $42.

Short interest is back near its highs as the stock is threatening to break back above its 50-day moving average, which likely would trigger a short squeeze.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/06/stocks-to-buy-short-squeeze/.

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