For the most part the ship has sailed on many of those shorting opportunities.
I think I agree with that. But I don;t think it’s time to be long-term bullish either (as RO suggests). The lenders, builders and other related stocks will be very volatile going forward. Probably an opportunity to make money on the volatility if you are into short-term trading. But short-term timing is tricky and not my cup of tea. Some of these companies will eventually come out OK, others will not. They will either get bought out at pennies on the dollar (relative to 2 years ago) or go BK. A minority will likely even prove to be a great investment at today’s prices. But, selecting the right choices today is definitely no gimme.
If anyone think it’s a bottom in these kinds of stocks, please post suggestions of those stocks here. We can revisit every month to track where they are.
