(EMAILWIRE.COM, March 16, 2012 ) Chicago, Illinois - The Stockfather.com (http://www.thestockfather.com) predicts that Amyris Inc. (NasdaqGS: AMRS) is on the verge of a major breakout, after being beaten down to $4.45, from its 52 week high of $32.21.
Short interest of the float is at an amazing 27.30%, meaning when they start to cover, (AMRS) will produce one major short squeeze.
Amyris Inc. could shoot from the $5 range, to the $8 range in a blink of an eye.
Amyris (AMRS) has 56.26 million shares outstanding, and a micro low float of only 24.06 million shares, in which 6.30 million are short.
Gas and oil prices are rising and world leaders, including President Obama, are starting to talk about and are heavily pushing alternative fuels such as biofuel.
(AMRS) is on a three day trend upwards, and we at http://www.thestockfather.com expect the movement to continue going up, until the inevitable mega short squeeze happens.
At the current price of $5.25 a share, The Stockfather believes that (AMRS) is considered a strong buy.
Popular, Inc. (NasdaqGS: BPOP) closed at $2.19 on Thursday. The banking company provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States.
Shares of (BPOP) have traded as high as $3.30 over the past year. Continue to keep an eye on (BPOP).
Atrinsic Inc. (Other OTC: ATRN) has been a dream for many, as (ATRN) has ran from just a penny, to .27 cents in the past month.
Atrinsic Inc. (ATRN) will be taking a break here for a while, and should drop a few cents and consolidate for a good couple of weeks, so be sure not to add any shares of (ATRN) at too high of a price.
A crude oil shipping stock that The Stockfather alerted is Frontline Ltd. (NYSE: FRO), which was alerted at $2.00.
Since The Stockfather's alert of Frontline Ltd. (FRO), the stock has gone on to more than triple, when (FRO) hit $6.20 on Thursday.
Add Frontline Ltd. (FRO) to your watch list today.
Dex One Corporation (NYSE: DEXO) was an alert form The Stockfather a few months ago when it was trading at just .39 cents, after the alert, Dex One Corporation (DEXO) went on to hit $2.40 a share in a short two months.
Dex One Corporation (NYSE: DEXO) is on a current downtrend and not considered a buy.
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit http://www.thestockfather.com for further disclosure information.