Mihael

Why Is John Mauldin Defending Greenspan?

Well, the search of scapegoat to blame wil certainly help to resolve the matter. But maybe it's better to look at the mirror ?

There's no one to blame except the reckless behaviour of American consumer.

Does the finding the scapegoat to blame

Institutional Investors Betting Big on Conn’s - With Good Reason

"NASDAQ filings confirmed that twenty-two (22) new institutional investors recently bought shares of Conn's, INC. (CONN), bringing the total to 126 institutional holders of more than 14 million shares, or 58%, of the company."

Well, actually NASDAQ reports, that number of shares in the hands of institutionals fell -1,824,342 shares, or -7.6%.

"Factor in the 5.7 million shares currently held short and a 34-day cover ratio"
Nothing unusual for CONN, if you look at it's short ratio history.

Besides, CONN is in REGSho list more than 120 days, so one cannot blame on speculative short plays for stock price fall. So no fuel for squeeze rally.

Maybe it's a play, but after it forms a solid base.