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
- Trump's Right - Morgan Stanley Warns "Big, Fat, Ugly Bubble" Is "An Illusion" Driven By The Fed | ZeroHedge
- "Ominous Shades Of 1987" - HSBC Shows Why 17,992 Is The World's Most Important Number | ZeroHedge
- Pizzaflation and the US Dollar collapse | ZeroHedge
- Yellen Says Fed Buying Stocks Is "A Good Thing To Think About" And Could Help In A Downturn | ZeroHedge
- Treasury Sells 7Y Paper In Another Mediocre, Tailing Auction; Bond Market Yawns | ZeroHedge
- Bonds Are a Potential Powder Keg in the “New Normal” | Financial Sense
- How Constant Is Gold’s Purchasing Power? | ZeroHedge
The most relevant financial news and articles from the Internets
- Uber is getting serious about tackling the self-driving truck industry | Business Insider
- Virginia Town is Best Place in the U.S. to Raise Kids | BusinessWeek
- A top Apple analyst says next year's iPhones will be made out of glass (AAPL) | Business Insider
- Amazon Prime members have access to one of the best smartphone deals out there right now | Business Insider
- Facebook's $2 billion bet on the future is in jeopardy because of... | Business Insider
- Elon Musk is not alone — Silicon Valley is boosting investment in... | Business Insider
- How gold helped South Korea repay its debt | Business Insider