China Direct (CDS) Mentioned As Short Squeeze Candidate
A trader is highlighting China Direct (NYSE: CDS), which is on the Regulation SHO list, as a possible short squeeze candidate.
The trading float is only 8 million shares and 28% of it is sold short. The trader thinks the stock a great shot of going up to the $6-$7 level on a slow squeeze.
The trading float is only 8 million shares and 28% of it is sold short. The trader thinks the stock a great shot of going up to the $6-$7 level on a slow squeeze.
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