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Osborne820
Aug 19, 2014 6:31 PM

Strong Buy on the Hourly and 42% Short interest Long

JAKKS Pacific, Inc.NASDAQ

Description

Toy maker with license for Disney's "Frozen" movie. Channel Checks show all toys are sold out and Christmas is around the corner. Takeover target for Mattel as well. Watch for the break over $6.74. 42% of outstanding shares are sold short with a 7% hard to borrow rate. looking for a move back to LT trend line above $8 on a squeeze.
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