Fortuna Silver Mines: Possible Short Squeeze

 | May 21, 2013 01:03PM ET

Fortuna Silver Mines (FSM ) looks like it might be setting up for a short squeeze here. The stock has a 50% short float and low float so any movement up will bring quick pain to the bears. Also, the stock seems to be basing at 2.60 having broken a short-term downtrend.