I don't get the BGFV short argument. I feel like there may be many amateur shorts who see the stock was below $1 a few months ago, and is now trading near $7...and think this MUST be a good short. Not realizing that the big increase in the stock price is justified given the rapid improvement in the fundamentals.
Not sure why anyone would be short BGFV when there's so many ridiculously overvalued stocks on Nasdaq. Look at the moves on some of the big tech names today alone. About as frothy as I've seen. FB, NFLX, CRM, TSLA etc...it's total insanity. This bubble could pop very soon. But I've been saying that for months. And the Nasdaq just keeps ripping higher!
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