How long to wait out shorts (on a stock)??

T

Tarl_Cabot

I own a stock that is:

- One of the highest rated by analysts ("strong buy")
- Owned by a number of institutions
- Great P/E ratio and PEG ratio
- Has great prospects in a solid business
- All of the shorts' arguments are easily countered
- Beats the earnings predictions every quarter

and

- has a relatively small cap and float
- has one of the highest percentage of shorts
- is recommended to be shorted by famous short web sites that are known to have lost lots of money for people (really!)

My question is - How long will I have to wait it out for the shorts to lose interest and go somewhere else ?

Does anyone have experience with this sort of situation with other stocks in the past? I have never before followed a stock that was being shorted for more than a week or two,

Thanks!
 
Stop wasting time and effort with "fundamentals" and focus on the price performance instead. When a stock makes daily, weekly, monthly and/or yearly highs, there will always be "shorts" looking for a pullback. Let them attempt to eat like a bird and defecate like an elephant.
 
This has been going on for months with this stock.

As of Feb 12th, over 40% of the float was short.

That was a typical figure going back several months.
 
I don't have any problem posting the specific stock - after all I am already long.

But, it's not strictly relevant to the question - I'm looking for someone who has seen a similar situation in the past... (so it would just divert the thread into a discussion of that company and that industry).
 
You must log in or register to reply here.
Back
Top