Saturday, October 18, 2008 8:51:55 AM
10 Stocks Under Attack
By Rich Duprey October 17, 2008
Tri-Valley Corp
CAPS Community Rating 1 out of 5 Stars
Down $4.00 $-0.22 (-5.21%)
Since everyone loves a winner, it's reasonable to assume that everyone hates a loser -- everyone but short-sellers, at least. These contrarian investors bet that hot stocks are primed to fall, aiming to turn their pessimism into potential profits.
However, now that the SEC's ban on short-selling has come to an end, some will undoubtedly be tempted to blame the market's broad declines it has experienced in recent days on renewed short attacks. That's a dubious conclusion, but nevertheless, we'll take a look this week at companies on the American Stock Exchange with the largest percentage of their available shares -- also known as a company's float -- sold short.
Combining that with the collective intelligence of Motley Fool CAPS, we'll see which of these firms Fools believe still have the power to make short work of short-sellers.
Of course, this isn't a list of stocks to buy -- or short! These stocks could have serious problems that warranted their short interest, but they might also be stricken by short-term troubles. Only Foolish due diligence will tell you for certain; our 115,000-strong CAPS community offers just such a good place to start.
( entire article here: http://www.fool.com/investing/general/2008/10/17/10-stocks-under-attack.aspx )
By Rich Duprey October 17, 2008
Tri-Valley Corp
CAPS Community Rating 1 out of 5 Stars
Down $4.00 $-0.22 (-5.21%)
Since everyone loves a winner, it's reasonable to assume that everyone hates a loser -- everyone but short-sellers, at least. These contrarian investors bet that hot stocks are primed to fall, aiming to turn their pessimism into potential profits.
However, now that the SEC's ban on short-selling has come to an end, some will undoubtedly be tempted to blame the market's broad declines it has experienced in recent days on renewed short attacks. That's a dubious conclusion, but nevertheless, we'll take a look this week at companies on the American Stock Exchange with the largest percentage of their available shares -- also known as a company's float -- sold short.
Combining that with the collective intelligence of Motley Fool CAPS, we'll see which of these firms Fools believe still have the power to make short work of short-sellers.
Of course, this isn't a list of stocks to buy -- or short! These stocks could have serious problems that warranted their short interest, but they might also be stricken by short-term troubles. Only Foolish due diligence will tell you for certain; our 115,000-strong CAPS community offers just such a good place to start.
( entire article here: http://www.fool.com/investing/general/2008/10/17/10-stocks-under-attack.aspx )
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