Osborne820
Long

40% Short squeeze setup on toy maker JAKK with hottest toy of yr

NASDAQ:JAKK   JAKKS PAC INC
85 0 0
40% short interest 30+ days to cover, and several buy signals shaping up. Bullish MACD Cross, Stochastics, and breaking out of a steep downtrend. New 3 month closing highs after retaking both the 50 day and 200 day moving averages this week. Weekly PAR SAR             just printed bullish as well. Would jump in or add on the break of $7.50. On a fundamental basis they completed a restructuring and trade at a steep discount to peers Mattel             and Hasbro             . Takeover candidate as well.
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