GOOGLE (GOOG) STINGS OPEN TABLE (OPEN)
Open Table (OPEN) makes online restaurant reservations. This Open Table has long been on our watch list to short, however it never meets all of our screens to initiate a position. Zagat is the most respected restaurant review service out there. Recently, Zagat agreed to provide its content to a competitor of OPEN, owned by IAC/Interactive Corp (IACI). Now the news is that Google (GOOG) is buying Zagat. OPEN is down $4.00 on the news. Anyone attempting to short OPEN should be cognizant of a potential short squeeze in OPEN. For us to