This blog post is an attempt to clarify some things about this blog that may not be obvious.
I’m not a fan of writing about individual short positions. You may see less of it in the future. In general, I am trying not to get into conflicts with the wrong people:
- CEOs who sue short sellers.
- Eccentric CEOs who rant about Sith Lords, stalk short sellers, threaten their children, etc.
- Regulators
- The scumbags behind egregious frauds.
- Etc. etc.
I really don’t want to get sued (or worse). Often when writing about a bad company, I will tone down the rhetoric. I won’t say that a particular company is clearly a fraud even if it ticks off almost every red flag that a fraud can have (see my post on spotting frauds).
Secondly, there are some tricks that I don’t think I will talk about. They relate to:
- Easily finding good short positions.
- Figuring out if insiders are disguising their trading and selling their shares illegally.
You’re going to have to figure out these things on your own.
Figuring out what I really think about a bad company
If I am pretty confident that insiders are secretly and illegally selling shares, I’m not going to say it. If I am pretty confident that a particular company is a fraud, I’m probably not going to say it.
To get an idea of what I really think about a stock, ask yourself:
- What are my biggest short positions?
- How do I rank a particular short position versus others?
Steal my ideas
While I won’t tell you how you can easily find good short positions, I might occasionally post a table of my short positions. Go ahead and do your own research on these names.