The Contrarian Perspective

With the markets bouncing all over the place, unsure what to make of the Fed’s recent less-than-hoped-for rate cut, we thought we’d take a moment to see how our short picks are doing.

Tubearoo’s crash has continued unabated, falling to $.10 a share, 95% down from the price it was trading at when your editor received his shiny, glossy brochure. While we are still convinced that this stock is worth zero, covering for a 95% gain seems like the prudent choice, so we recommend you COVER you short position in TUBR.

Global Warming Solutions has gotten off to much the same start, declining 42% since our short sale. There’s still penty of downside left here, though, so we are recommending you continue to HOLD your short position.

No new picks as of yet. There has been an odd dearth of individual stock spam in your editor’s mailbox, lately. At one time this would have been a happy state of affairs, but now your editor is oddly disappointed. After all, we have made an average gain of 68.5% in just 5 months shorting these stocks.

If you have a candidate for the Short the Spammers series, though, we’d love to hear about it. Drop us a line at our contact page.

Short-the-Spammers Portfolio