Monday, January 09, 2006

SOTD



Actually, this was my stock of the week from last week. It is Microstrategy (MSTR). I highlighted this stock a couple of times last last year as one of my high short-interest stocks that looked poised to move higher.

The stock slowly began to breakout in late December with little fanfare. But last week it exploded higher on a burst of volume. Given the short interest in this stock, I think it could rest briefly but the continue to move higher.

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