Author Archives: Tim Knight

Jackie DeAngelis Blows

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I was originally going to title this post “Jackie DeAngelis Must Die”, but I thought she might take it the wrong way.

Anyway, earlier this week, Ms. DeAngelis “interviewed” famed short-seller Bill Fleckenstein on (gack, choke) CNBC, every permabull’s favorite network. Right out of the gate, she attacked him:

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You can watch the interview at the bottom of this page if you want, but I can save you the time by simply stating Mr. Fleckenstein was ambushed by a trio of CNBC permabulls, deriding him for missing out on the past five years of market rally. (more…)

Shorting Exploitation

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I was drawn to the chart of Rent-a-Center based on the fact that it seems to keep failing on its bounces to around $30, but my interest in shorting in was heightened only by the fact that, frankly, I think businesses like this are kind of scummy: they exploit the desires of the lower classes for the goodies and gee-jaws of their better-situated Americans by allowing them to rent, instead of own, consumer knick-knacks. The whole thing smells bad to me, thus I take particularly joy in shorting them.

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