I think I've gotten more guff about shorting low-priced stocks, like Eastman-Kodak, than I get about shorting just about anything else. I guess the "logic" is that if a stock is close to $0, it can only go up (sort of like if a stock is way above $0, like Priceline, it should come down…………doesn't really work, does it?)
Anyway, Eastman Kodak was my best-performing short in percentage terms on Wednesday. Maybe part of the reason is concern that its pension liability is three times its market capitalization (!) In any event, this one is a keeper for me.
