Thursday, July 21, 2005

Looking at Oakley

One of the stocks I am looking at today is Oakley (OO). I first noticed the stock last week after running a scan for "underloved stocks". Today I came across the stock while filtering for those showing the biggest moves on earnings. After digging into the charts I checked on updated sentiment profile...

  • Percent of analysts tracked by Zacks who rate the stock with a "buy": 17%
  • Number of analysts tracked by Zacks: 6
  • Short interest as a percent of float: 11.2%
  • Short interest ratio: 11.406
  • Put/call ratio percent rank: 48.0%

Heading into today analysts were still no where to be found while short interest is healthy. With skepticism running high, today's gap up might get some of the skeptics to rethink their position...

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