Getting Excited About Short Interest
I will start today's column with a simple idea that I repeat it every year: The stock market should be closed in honor of Veteran's Day. It closes for Memorial Day, but the market should honor the service and sacrifice of all veterans. It's the least we can do.
Over the weekend, I was flipping through Barron's and my attention was drawn to the short-interest tables. I usually just scan this list to see if any of my current holdings are on it but I decided to drill a little deeper this week to see if there were any potential takeaways in the data. In my experience, the shorts are usually right until they aren't. When a stock is beaten down to the point where shorts begin to buy back, you can get quite a pop if good news is released that causes the stock to move higher....524 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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