Short interest is so high because people have been successful this year shorting at the upper end of ranges,
Historically, growth in revenue and earnings has been what has driven growth in chip stock prices, ... You may get disconnects for short periods of time. But the semiconductor business still remains strong.
These stocks will find their footing, ... The market is trading on emotion and I have a feeling we will get a snap back rally and move up in large cap techs in short order.
These stocks will find their footing. The market is trading on emotion and I have a feeling we will get a snap back rally and move up in large cap techs in short order.
It's far too difficult to short a strong stock. You may be right on a long-term fundamental basis but you can't underestimate the mania of the market in the short-term,