Shorting stocks: Broken stocks - Analysis Message Board

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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: coaster who wrote (1350)	7/6/1998 7:34:00 AM
From: Q.	Read Replies (1) of 2506

Kel, re. CLMT, * the balance sheet and cashflow look fine, * they have had positive earnings almost every quarter in recent history, * the stock is going up, yet * the valuation of PSR = 2.5 and p/b = 5 look ok, so I don't see any obvious attraction to shorting this stock. The only negative I came across in 2 minutes of looking at this is a lot of form 144's filed this spring ... but I didn't try to figure out who the sellers were, but you can look yourself at biz.yahoo.com Other than reading MarketGuide's capsule, I didn't pay much attention to what the co. does exactly. If you are familiar with their product or service, and you know that it has a serious problem, that might be reason to short it. Otherwise I don't see much compelling about it.

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