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Body Central Corp(NASDAQ:BODY)


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#1 Costa

Costa

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Posted 25 April 2014 - 05:27 AM

looks ready to breakout after all their recent announcements. The stock has been picked up by some big firms and looks to make yesterdays rally much more powerful. Blackwood Capital Management has 900,000 shares or 5.4 percent of the stock and Lane Five Capital Management said recently that it acquired 500,000 additional shares, bringing its total investment to almost 1.25M shares or 7.5% of all shares outstanding. With a limited amount of shares available in the float (15M outstanding) and 88% owned by institutions, the short interest of 3,184,900 million shares is a high percentage of the float, nearly 20%. As a result, a possible short squeeze is also likely and could the stock up quickly through resistance, which might create a panic buying situation among traders. I feel that the stock is set up to make a bullish move today, don’t miss out. Stop 86c.

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