NEW YORK ( Stockpickr) -- After steady gains in the first quarter and steady losses in the second quarter, the third quarter still hasn't shown its full hand.
One group hoping for a turn to the downside is the short-sellers. They are maintaining large short positions in some very popular stocks, hoping either company-specific bad news or a tough market will bring stock prices down -- and profits to short-sellers.
Even if you don't short stocks yourself, you still need to heed the actions of short sellers. If they are targeting a stock you own, then you need to think long and hard about whether you have a lot of confidence that these shorts are wrong.
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