MYG- Not a bad short pick. Debt to equity ratio of 5.8. Also has a negative "tangible" book value. That said, I hestitate to put them in the same league to short as the semi's because MYG makes money no matter what the charts say.
Just noticed that MYG's cash position looks tight and has been falling the last 3 Q's. With all the current debt they have and credit tight, this could be a problem.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.