Monday, February 14, 2011

Short sellers are bad, but apparently analysts are worse

Professors at Texas A&M and Ohio State universities concluded that following contrarian investors is more profitable for stocks in which analysts and short sellers strongly disagree. In other words, buy if short interest is low and the analyst consensus is to sell; sell short if short interest is high and the analyst consensus is to buy.--Chuck Mikolajczak

 Via Dealbreaker.

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