Bearish Money Manager IDs 10 Vulnerable Stocks
By: Skeptical of this market? Brad Lamensdorf manager of Active Bear ETF is always skeptical. And he’s naming names.
Ahead of his appearance on CNBC’s Fast Money he revealed his largest short positions to our producers.
They follow:
Citigroup 4.0%
Coach 3.8%
Deutschebank 3.6%
Green Mountain 3.5%
CarMax 3.2%
Johnson Controls 3.1%
Viasat 3.1%
Tiffany 3.1%
Vale 3.0%
Constant Contact 3.0%
Lamensdorf tells us that he’s currently adding to his current short positions and establishing new ones.
As he’s said in the past on Fast Money, he sifts through the S&P 1500 looking for stocks that look challenged, especially technically.
And from there he pares down the list until he comes up with stocks that he thinks are most vulnerable.
But he adds, “In no way do we think any of the companies that we short are going bankrupt, it’s just that they’re facing issues.”
| Price | Change | %Change | ||
|---|---|---|---|---|
| SC0Y | --- | |||
| COH | --- | |||
| DBK | --- | |||
| GMCR | --- | |||
| KMX | --- | |||
| JCI | --- | |||
| VSAT | --- | |||
| TIF | --- | |||
| VALE'A | --- | |||
| CTCT | --- |
Posted by CNBC's Lee Brodie Read More from Fast Money: ______________________________________________________ CNBC.com with wires.
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Trader disclosure: On August 23, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long GOOG; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short MDY; Karen Finerman is short IWM; Josh Brown is long AAPL; Josh Brown is long JPM; Josh Brown is long WFC; Josh Brown is long GDX; Josh Brown is long GLD; Josh Brown is long XLU; Josh Brown is long XLF; Josh Brown is long WMT; Josh Brown is long TGT; Josh Brown is long SMBL; Steve Weiss is long QCOM; Steve Weiss is long UGL; Steve Weiss is short AAPL PUTS; Steve Weiss is short VALE; Joe Terranova is long VRTS; Joe Terranova is long SBUX; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long CSTR; Joe Terranova is long CHKP; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is long AAPL SEPT. $640 PUTS
