The Motley Fool is Misleading about TMUS short interest.
You know what really grinds my gears? The Motley Fool - home of the most useless financial writers on the internets.
In their latest misleading article titled: Shorts Are Piling Into These Stocks. Should You Be Worried? the author bashes T-Mobile, pointing towards a 63% increase in short interest. While this is technically true, the short interest in TMUS is a mere 7%. This is far from "piling into this stock". In fact, if we look at the short interest history via the Nasdaq, we see quite a different story. If one were to look at 2 months of short interest instead of looking at a mere 15 days, one would notice that short interest is actually down 60% over 60 days.
The Motley Fool then proceeds to bash T-Mobile some more, saying that the company has no competitive advantage against AT&T and Verizon. This is clearly not reality as T-Mobile has changed the game recently with its new pricing structures. In fact, just today the stock rallied 3% on news that it has returned to growth in contract customers for the first time in 3 years - and 6 months ahead of schedule.
Motley Fool, welcome to Tard Town:
Best of the Blogs
Scanning and identifying the best blog entries every hour
- IN FOR A PENNY, IN FOR A POUND | iBankCoin.com
- The Bond Market is taking Advantage of Janet Yellen`s Dovishness | ZeroHedge
- Further Signs of China’s Slowing Property Markets | Financial Sense
- THe GReaTeST THReaT SiNCe 9-11.. | ZeroHedge
- To Arms in Dixie | iBankCoin.com
- Jackson Hole: 'Tremendous' Downside Risks If Yellen Doesn't Go Full-Dovish | ZeroHedge
- Liberian Police Open Fire On Ebola Protesters | ZeroHedge
The most relevant financial news and articles from the Internets
- YELLEN: We're Not There Yet (DIA, SPX, SPY, QQQ, TLT, IWM) | Business Insider
- The Details Of The Kevin Love Trade Are In, And The Sixers Are Involved | Business Insider
- Meet 15 People Who Brave Freezing Temperatures to Live On The Arctic Circle | Business Insider
- James Foley Gave This Chilling Talk To Journalism Students Three Years Before He Was Murdered | Business Insider
- Former Apple Employee: Here's The Story Of How Steve Jobs Decided He Would Take 50% Of The... | Business Insider
- Shares Of A Biotech Company That DIDN'T Make The Drug That Saved The... | Business Insider
- Why HP's PC Sales Gains May Not Last | TheStreet.com