Buy Hold Sell: Top 5 most shorted stocks
Recent data available via the ASIC website highlights stocks that are heavily shorted on the ASX. At the time of shooting the most shorted stocks, excluding Myer, were Metcash (ASX:MTS), Fortescue (ASX:FMG), Atlas (ASX:AGO), UGL Limited (ASX:UGL) and Primary Healthcare (PRY). With retailers, miners and associated service companies facing many headwinds the negative sentiment towards these companies is understandable. In this epsiode we ask Simon Bonvourie from Cadence Capital and Chris Stott from Wilson Asset Management for their views on each of the companies and if there is potential for turn around in one of these unloved names. Click here to watch the video
Buy Hold Sell is a weekly video series exclusive to Livewire. In each episode two fund managers give their views 'Buy, Hold or Sell' on five ASX listed companies. Not recommendations, please read the disclaimer and seek advice where appropriate.