High Short Interest Stocks Win Today (UA, MWA, VPRT)

As we mentioned last Friday, Should the Market Rally, play High Short Interest Stocks (UA, NFLX, URBN).  Today that was the case for the best of that short list we put together with Under Armour (NYSE:UA) moving 8% since Tuesday's dip to $30.66.

Sounds like gambling? Well, it is, but so is buying any security these days.

Mueller rallied 6%, Urban 2.4%, and VistaPrint 3%, all part of that More than 50% Short Interest Index we put together, again the players are:

  Name Symbol Last price Change Mkt cap Volume Open High Low
  BIDZ.com, Inc. BIDZ 9.17 +0.13 (1.44%) 216.46M 360,129.00 9.13 9.3 8.99
  Mueller Water Products, Inc. MWA 11.12 +0.69 (6.62%) 1.28B 392,471.00 10.24 11.21 10.24
  Netflix, Inc. NFLX 31.12 +0.48 (1.57%) 1.89B 1.24M 30.34 31.48 30.34
  NutriSystem Inc. NTRI 20.00 -0.03 (-0.15%) 591.23M 485,284.00 19.99 20.07 19.52
  Under Armour, Inc. UA 33.81 +1.43 (4.42%) 1.66B 576,557.00 32.62 33.85 32.5
  Urban Outfitters, Inc. URBN 35.57 +0.86 (2.48%) 5.94B 2.08M 34.97 35.61 34.55
  VistaPrint Limited VPRT 33.45 +1.14 (3.53%) 1.48B 821,314.00 32.3 33.92 32.13
  WebMD Health Corp. WBMD 32.50 -0.10 (-0.31%) 1.87B 92,576.00 32.75 32.9 32.05

 

Tickers Alone: UA  MWA  NTRI  BIDZ  NFLX  URBN  VPRT  WBMD

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The chips are stacked high against Under Armour with the Short Float at an outstanding 61.2%, thus don't bet the farm if you are thinking about making a position in on any of the stocks mentioned above.

Copy and Paste from Fool.com - Warren's investing recipe
To summarize, Buffett has a winning investing recipe:

  1. Find great companies.
  2. Buy them at great prices.
  3. Invest only when the odds are in your favor.

That's the winning combination. You may roll your eyes at how easy it is to comprehend, but I assure you that it's not easy to put into practice on a daily basis.

This is the recipe we use at Motley Fool Million Dollar Portfolio. For example, we've twice recommended Under Armour (NYSE: UA) at prices we believe undervalue the company. It's a growing concern with a solid competitive advantage in its market, and we're more than willing to hold this company for the next five to 10 years to give us the chance for multibagger returns.

Besides playing the Oil stocks, these and other quality high interest short stocks are just some ideas to get you back in the game if you've been waiting on the sidelines.

Happy Safe Investing.

MASTERY



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