Short-Sellers beware: This could happen to you As
Post# of 39368
Short-Sellers beware: This could happen to you
As any elementary school nerd or frat house pledge will tell you, there are few things in life that are more painful than having someone grab your shorts from behind and yank them as far up your backside as possible.
In the world of YouTube pranks, it's called a "wedgie" In the stock market, we call it a "short squeeze. And- like a wedgie- if you're on the wrong side of one, it hurts.
For example: 36% of Barnes and Noble (BKS) shares are sold short. Short-Sellers suffered an "Atomic Wedgie" yesterday following reports that Microsoft would pay $1 billion for the company's Nook division. BKS shares spiked 24% on the news.
I believe a "TECO Super Atomic Wedgie" is in our near future. I can't wait!
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