Friday, December 4, 2009

Stocks Advancing Amid Heavy Short Interest-...First Solar Inc, SunPower Corp, Ambac Financial Group Inc (FSLR; SPWRA; ABK)

Update: "First Solar: Collins Stewart Turns Bullish (FSLR)"
Original post:
From Schaeffer's Research:
As explained in our education section, short interest is a useful sentiment indicator that measures the level of investor pessimism toward a stock. While it isn't always a simple "long only" indicator, it can give you insight into situations where you might see concentrated buying demand. The purpose of this post is to highlight heavily-shorted stocks that could be in the midst of a potential short covering rally. More details about the methodology are listed below....MORE