Dime Community Bank Shares (DCOM) yesterday registered both a FusionIQ short squeeze (approximately 12.00 % of its DCOM's float is short) and a breakout (shares traded up yesterday on over 3x its 21-day average volume). It appears that many of the smaller banks are doing well since they likely have no mortgage exposure and therefore offer less risk potential to investors. With a point and figure target of $ 25.50 DCOM shares offer good return potential from present levels.
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