The Most Hated, Shorted Stocks, in America

These stocks have been cast aside over the past month, profits enjoyed by the bears who are embedded in the names.

However, all good things must come to an end sometime, especially for bears.

I like several of these names and may try my luck on another soon.

These VECO numbers were so good, it’s boosting the entire sector. The obvious sympathy plays are AIXG and RBCN. However, another sapphire play, one that I am very long, is GTAT and has yet to move to the upside. Other notable movers are JKS, YGE and TSL.

PSMI is a derivative play too, a customer of RBCN.

If you’re looking for a heavily shorted sector that might move and go “African Mask” on short sellers, these names are of interest.

I started a position in USG into earnings.

Keep in mind, I had sold this close to $30 a short while ago.

Regardless of whether I think the market will drop or not. I’ve been outspoken about a certain name and industry for almost 6 month. I will be buying it ahead of earnings, initiating a “half” position, instead of a full sized one.

DEVELOPING…

You’re not all gonna be rich. If you’re rich, you’ll never make it to mega-rich, wealthy enough to own your own jet/yacht/island.

Just because you “work hard” doesn’t entitle you to success. Sometimes idiots toil in the wind and get burned. That’s just a wind burn pal, not hard work. Hard work isn’t fun. It’s inherently uncomfortable.

Your $12,000 account can never get to $3 million, no matter how many times you tell me it’s possible. Every hundred years a Babe Ruth is born. Having said that, there is only one Babe Ruth every hundred years.

You will never get rich quick. Moreover, why do you feel that you are the guy, out of millions, who will win the lottery? It borders on the delusional.

Also, stay within your realm of expertise. For example: if you happen to be a really great wine retailer/taster, odds are that’s your calling, not a web entrepreneur/Anthony Robbins wannabe. If by chance you are talented at multiple tasks, consider yourself a Babe Ruth.

Nothing lasts forever. Stock market rallies, marriages, friendships, and most importantly the ability to be great. Babe Ruth once played for the Boston Braves.

Throughout my life, I’ve managed to lower my expectations for just about everything; therefore, I am never disappointed. I don’t expect things to go swimmingly for the rest of my life. As a matter of fact, I envision turmoil and hardship, even though there’s nothing in my life that can possibly indicate that occurrence. I am fueled by a refusal to fail, on all levels. When I do fail, I do not pout or crawl into a hole and I certainly do not grab the proverbial sword and thrust into battle like a half-witted jackass.

I do not mean to burst your bubble. We all have whimsical dreams and expectations. Do you remember your first night in that one bedroom apartment? Or how about the first time you drove a care or took a sip of beer or kissed a girl? I bet you felt invisible, with a spry boldness bordering on audacious–until you were taken down a few notches and learned the hard way how unusually cruel life could be sometimes.

The stock market is the ultimate humbling mechanism. On occasion, we all swing for the fences, in a haphazard attempt to accomplish great things, the stuff that’s penned in books and displayed on the teevee. Inspiration. The smart investor understands when the pitcher is too hard to hit, it’s better to choke up on the bat and aim for a single or a double down the right field line–instead of striking out and letting his team down due to vanity.

I’ve finally convinced my good friend, “The Devil”, to contribute to iBankCoin. Once we launch the new website design, he will be integrated into the site. His style is a lot different from all on the site, including myself. Whereas some utilize charts, algos and hunches, he tends to resort of his rolodex for old fashioned stock ideas.

I am sure you will find value, for it will only cost your time.

Heavily shorted stocks are where the money is to be made now. Stocks like WRLD, NFLX, PAMT and UNXL are poised to trade up. It’s true, it’s no coincidence that I added in UNXL and PAMT into that sentence. I happen to know a good deal about the two and feel they’ll trade up soon.

But my heart isn’t into the spec game right now. Both names are small capped and thinly traded, not exactly what I’m looking for now.

One stock that does fit my criteria is USG, a very cheap name indeed.

Aside from that, CREE and RAS keeps surging, while the stocks I am long are stuck in mud. I made a mistake getting longs names I do not like and refusing to buy the ones I do like when they were down.

I’m limiting the damage through inaction, waiting for my trade.

You’re gonna have your brains blown out of you one day. I meant that in the most figuratively way possible. There isn’t a chance in red hell this streak continues, uninterrupted, beyond May.

Laugh at the guy in the space capsule if you must. But rest assured, by the time “The Fly’s” birthdate arrives, you’re gonna be shining my shoes again.

I took the day off today, went to the movies with Mrs. Fly. We saw Space Odyssey the remix, called Oblivion. It was a solid film, reminiscent of the fake lives we all lead here in on Wall Street, dependent on machines to kill off the human race.

At any rate, I’m not a whole lot of fun right now. You might be better served visiting the blogs of others, here at iBC.

I’ll wrap this sucker up after the bell.

Everyone is cockiest at the top of the range. Men in bowed ties are feeling their oats and pikers across Wall St. think they’re Gordon Gekko, minus the visit to Rape-Me University for 8 years.

As I’ve stated numerous times before, the month of May has been unforgiving to bulls over the past 3 years. Have a look at the data for the Q’s (nasdaq).

If the nasdaq drops by 7% in May, what will happen to your high beta dice roll? Will it drop by 15%, 20%, maybe 30%?

If I’m right about May, this is the last trading week until the month of dastardly corrections is set to begin. You should all humble yourselves, take a few steps back, and dial it down.

Recently, I blew a few fingers off playing the “silver roulette” wheel, coming out the other end a fantastic loser. Some of you bought my liquidation, ironically, and will make some coin from it. But don’t confuse luck with skill. The silver miners have been in an unrelenting bear market for over a year. If you should happen to make some coin in them, praise the gods and take profits, for they will be short lived.

If May is to be down then this is the week to sell.

There are several ways to trap a short. To understand how to accomplish this, try to remember how you felt when you had to sell a large position into an illiquid tape. I recall feeling frustrated by an inefficient/corrupt bid/ask system, where I was forced to hit bids below market price to get out.

Now imagine being short a stock spiraling higher–laden with short sellers dying to cover –but keep waiting for a pullback. You can redouble that pain if the stock trending higher is relatively illiquid, measured by average daily trading volume and the size of the float.

For the sake of curiosity and a chance to find something meaningful, an opportunity of a lifetime, I created the following screen inside of The PPT. As of now, here are some notable names.

PAMT

HPTX

USNA

IRG

CARB

SAM

WRLD

CLVS

RRGB

BOFI

BWLD

CHE

SUSS

RH

ESI

OSTK

PETS

The above stocks are nightmare’s to be short into an upward trending tape. Due to the small float size, they have the ability to rip higher without pause, case in point: OSTK.

Out of this bunch, what’s your favorite.

I’ll reveal mine tomorrow.

You have approximately 30 years of quality, mature, living. Do not waste it by arguing about things that are beyond your control.

I am not asking you to do this: it is an order.

As you know, the good folks over at iBankCoin have all readers under surveillance. We are watching your every move. Violators will be punished by paralyzation, placed into wheeled chair, sent yonder over the cliff, directly into sewer pipe.