Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Torn On TriNet? Another Underwhelming Quarter Shows The Valuation Is Too Rich

From time to time I'll run across a stock that sits on my short sell Big Board and quarter after quarter it just continues to sit there, never giving an opportunity to actually short, but always leaving the door open to the possibility. I mean, it doesn't hurt to keep the stock on The Board because I've already done the work into researching the short thesis, but it does take up a slot that gets active management and tracking when another position could probably be better utilized. Currently, this is what is happening with TriNet Group, Inc. (NYSE:TNET). The company has been on my short sell list since its IPO based on a laundry list of fundamental imperfections...

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