A stock that is so highly volatile that it makes my head spin is Handheld Entertainment (Nasdaq ZVUE
). If there is one stock with more style than substance, it's ZVUE. They have made at least 5 acquisitions in the past year that I can count and each has been in the video sharing space. Most of these are has beens in the video sharing space and they are purporting that they are the fastest growing site in August 2007 according to Comscore. I have no doubt that is probably true, but that's because they bought a site called eBaumsworld which brought in quite a bit of traffic. I'd be careful with this one. The stock is up 40% today on the Comscore report
. I have a gut feeling that the only people trading this stock is probably the company itself.Update
: ZVUE float is 8.9 million shares. Too many shares to make this a real short squeeze candidate. Plus, the insiders are dumping.