There are a number of stocks out there which have lost MOST of their value and yet still represent good short positions. One of these, a current holding, is Owl Capital (OWL), which continues to sink below a massive topping pattern.
As I understand is, this company is a big funder of hyperscalers, which is an entire sector that could be in catastrophic trouble over the next few years. I figured a finance company would have some crazy-low P/E, but, umm, nope.
