Does anyone have any suggestions on good shorting candidates at this time?
Check the Yahoo stock message boards. You can find some stocks that others are looking at. Obviously do your own due diligence as theres alot of crap posted on the boards.
Also when you’re looking at a stock like CFC you can click on ‘Industry’ or ‘Competitors’ and it will list companies in same space along with their P/E, Cap, and YTD.
One I started looking into yesterday is Legg Mason(LM) but I don’t know enough yet to buy.
I upped my KBH puts today since their stock was up 3%.. but be careful in homebuilders there’s been rumors of buyouts that have made some of these stocks a little more volatile. I like to look at total cash and debt, mostly just for fun but you can get some clues as to who has the most debt to service.
I’m am amatuer, I’ve been doing very well the last month, but still an amatuer.