4/17/2014 – Long CCIH

We performed an algorithmic scan of 1700+ stocks overnight and some interesting patterns in the market are emerging.

The Algorithm picked up a Buy signal on Chinese internet company ChinaCache (NASD:CCIH) which is a content delivery network, which has negative revenue but could be ripe for a short squeeze with outstanding shorts representing 5% of the float and 44% institutional ownership.

Due to the high reward/risk nature of this trade we are adding this to our separate ‘Aggressive’ tracker (formerly the small cap tracker) which can be found here{.broken_link}, as well as under the ‘My Account’ menu on the home page.

CCIH Daily