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:
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