Short Selling

Chanos Now Short Caterpillar

July 17, 2013

Jim Chanos revealed at the Delivering Alpha conference that he is now short Caterpillar (CAT). Chanos feels that Caterpillar will suffer due to it’s heavy exposure to the mining industry. Bulls expect that the cap x will only decline by 10% to 15% per year but Chanos feel that cap x could go back to […]

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David Einhorn Still Short Iron Ore

January 23, 2013

Iron Ore prices have ramped over 30% in the last few months. Nonetheless, famed hedge fund manager David Einhorn is still short. According to his latest letter, Einhorn is short “several” stocks in the iron ore sector as he thinks that supply now exceeds demand. Going forward, he expects supply to increase at an annual […]

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Jim Chanos Interview on Short Selling

January 17, 2013

Jim Chanos talked candidly about what type of company makes a great short sale. Chanos’ checklist for shortselling starts with a  big management shakeup. Secondly, Chanos looks at technology and how it makes some industries obsolete (eg- travel agents being replaced by Expedia).  Some examples that Chanos has mentioned in the past are Coinstar and […]

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Jim Chanos’ Favorite Short Positions For 2013

January 4, 2013

Jim Chanos recently gave an interview to Barrons where he highlighted some of his favorite short positions for 2013. Chanos appears to see a lot of opportunity on the short side in the coming year. First of all Chanos sees that investor sentiment is quite bullish despite the fact that there are some serious macro […]

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Chanos Still Short HP Despite Debacle

November 23, 2012

Jim Chanos revealed that he is still short HP after it’s $8.8 billion writedown of Autonomy software. Chanos noted on July 18, 2012 that the accounting at Autonomy was dreadful and he “watched in horror that it was taken out by Hewlett Packard.” Chanos noted that Autonomy was an aggressive rollup of other software companies […]

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Chanos is Short ASOS and African Minerals in London

November 9, 2012

Due to new disclosure requirements at the FSA in London, investors got a sneak peak into some of Jim Chanos’ short positions. Jim Chanos, has  a position in ASOS plc (LON:ASC). His firm, Kynikos Associates’ is short over 2.52 percent of the total shares of ASOS.  Chanos also has a 0.61 percent short position against shares of […]

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Chanos Still Shorting Iron Ore Stocks

November 5, 2012

Jim Chanos is still short Fortascue Minerals. Chanos also added that he was adding to his short positions. However, it appears that Chanos is hedging his bets with a long position in diversified miners in Australia (most likely BHP). Chanos thinks that iron ore supply is continuing to expand while demand is starting to flatline […]

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The Trend Is Your Friend

November 5, 2012

  There is an old saying among technical analysts that the “trend is your friend.”  I’ve backtested this theory over the last two years to see if it delivered good short sale and long candidates. I picked out 10 stocks that had a clear trend in 2011. I then examined their performance in 2012. Here […]

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Worst Investment Themes of 2012

October 29, 2012

Yesterday, we highlighted the top 10 investment themes of 2012 and the fund managers who spotted the trends early. Today, we’ll take a look at the biggest losers from 2012. It should be noted that the SPY rallied 12.6%, emerging markets (GMM) 8.5% and the twenty year bond (TLT) 1.1% over the last 10 months. […]

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Why Jim Chanos is Short Fortescue

October 20, 2012

Some of the most prescient stock analysis over the last three years has from Jim Chanos and his research team at Kynikos. Chanos leads the largest short selling hedge fund in the world and he has a special knack for identifying value traps. In the summer of 2012 he gave a presentation where he recommended shorting […]

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