SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (59323)4/4/2017 8:22:43 AM
From: MCsweet2 Recommendations

Recommended By
research1234
Spekulatius

  Read Replies (2) | Respond to of 78911
 
BIG has huge short interest. 29.52% of float according to Yahoo

The stock had looked good to me awhile back, but I am going to work under the assumption that these shorts know something that you and I don't know Paul.

Unless you can explain to me why those investors are going through the cost and effort of shorting the stock, and we are convinced they are wrong in their assumptions, I would not be buying the stock.

Note also that historically stocks with high short interest underperform the market.

Good luck,
MC

PS: Despite ALLY being down since we last talked (and cheap valuation), I still think it is an avoid due to the risk in its car lending business.