Thursday, August 25, 2005

 

Short squeeze 'a brewing in Omnivision

Up $1,200 today. After I got home from work today, I noticed that Omnivision (OVTI) reported a solid quarter and that the stock had jumped 15 percent in very heavy afterhours trading. With nearly 17 million shares short, I think OVTI is poised for a major short squeeze tomorrow. I'm in for 700 shares at $15.53 (purchased at around 6:20 in the evening).

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?