Shorting stocks: Broken stocks - Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Allen Furlan who wrote (2295)	5/2/1999 10:17:00 PM
From: Q.	Read Replies (2) of 2506

Allen, I took one quick peek at IDTC for you. The reason I chose that stock is that I seem to remember it being a short-sellers favorite a couple of years ago, but my memory of this is hazy. All that I looked at was the 5 year chart, the Yahoo profile: biz.yahoo.com and the Yahoo comparison to other Communication Service stocks: yahoo.marketguide.com IDTC has a fairly low 1-year RS, but it has been rebounding in the last few months. (Is that what you call positive delta?)Its PSR is about 2, and PSR is 2.7, which is not what I would call an obvious value, when you consider that it is a money-losing company. These multiples are cheaper than the industry as a whole, but the co. looks a lot less healthy too. Moreover, the profile's description of the co. makes it sound like it is in a highly competitive service business, and one where it is hard to be anything special. This is not a broken stock, and I don't see an extremely compelling reason to short it, but as a value investor at first glance it doesn't look very appealing either.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next