So, we know I'm into banks. specifically regionals.
What I've been looking for is for when in Retail stocks, when they get like banks were, where the earnings are so "Shortable" that you have to get out of your short position on a "buy the news" kind of way.
That provides a safety for buying them, when the short interest is high enough people are just waiting for a chance to cover. I think we are getting there.
Thursday, December 4, 2008
When bad news is good news
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