Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

The Dogs Of Wall Street : The Only Short List You Need

ByRyan Mallory
Published 10/02/2013, 12:15 AM
Updated 07/09/2023, 06:31 AM

Screw the government shutdown. I only want to talk about stocks and for today I'm releasing this week's watch-list for stocks that I'll consider shorting.

Believe me, it won't be too long before I do so, I'm just waiting for this market to rally a little bit higher, back into the 1700's perhaps, then I'm going to chill on the long positions and start gradually adding the short positions.

Of course the market can do what ever it wants, but that is the game plan for now, until Mr. Market determines otherwise.

On the list below, I took some of the stocks off the board including JCPenny (JCP). While it may be going to zero, its at a point now that I think to many bulls might start to gamble on a pop in the stock and if that happens, this thing will run enough to cause a squeeze. Of course those who continue to attack me daily over keeping Arena Pharmaceuticals (ARNA) and Allied Nevada Gold (ANV) on the list have become a bit quieter of late as the stocks are dropping heavily, including ARNA where I said to short it above $7 and now is below $5 as well as ANV which last week was bearish at $4.50 and is now trading below $4.

So get mad at me if I have one of your stocks below on my short list, but I don't have a vendetta against any of them, only their charts, and their charts tell me that you should be short these stock and not buying them.

Here's the entire short watch-list:
Short Watch List
Original post

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.