Investing Doc
Long only, value, growth at reasonable price, long-term horizon

Why I Bought Ebix Today And Will Probably Buy More Monday

Over the last month or so, I've started small, speculative positions on a couple companies that have one thing in common: large amounts of short interest. I don't doubt the utility of short interest on stocks; I agree with some more widely-read authors on this site ( QTR, for example) that shorts play a vital role in driving down the stocks of companies with serious problems. You won't find me jumping on board with HLF bulls, for example-- I tend to agree with QTR's short thesis. From my still unstudied standpoint, shorts can function like predators that thin the herd of the sick and weak-- or sometimes, just those companies that are harboring severe problems with management, profitability, debt, or...

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