Short sellers are flocking to solar power, dumping record levels of stock in First Solar Inc. and competing equipment makers in a bet that profit will be hurt by a glut of Chinese panels and shrinking demand in Europe.
BusinessWeek.com — Finance
Jesse Glickenhaus learned about investing in China the hard way: The first shares he bought, in an organic fertilizer company, lost half their value in four months after short-sellers questioned the firm’s credibility.
BusinessWeek.com — Finance
Tiger Asia Management LLC, the New York-based hedge-fund being investigated by U.S. and Hong Kong regulators, told clients it is disappointed with its 2010 results after many of its short positions performed poorly.
BusinessWeek.com — Finance
Betting against U.S. stocks may be a losing strategy given the Federal Reserve’s attempt to boost economic growth by driving down Treasury yields, according to hedge-fund manager Orin Kramer.
BusinessWeek.com — Finance
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