http://www.forbes.com/sites/dividendchannel/2016/01/29/verizon-communications-becomes-10-most-shorted-dow-stock-replacing-walt-disney/#7bc2760f13a2
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The shorts have had their a$$es handed to them as the stock has been on a tear. I suspect that it is the street front running some announcement to be made next week. They will sell into the publics buying into the good news.
Low Mac gave guidance to Wall Street in which he told the street, no growth for 2016. Coupled to the fact that the wireless industry is past prime and has entered saturation for the North American market. You don't need to be a Wall Street insider to see that the halcyon days of wireless are over for the big 4. More and more, cell phone service will be via MVNOs (mobile virtual network operators) resulting in ever deepening cuts and lower and lower profits. Wall Street ain't super smart, they're just reading the writing that's right there on the wall, in large letters. That's why Wall Street is shorting telecom stocks
Wow, I thought the stock would go down but didn't know the street agreed that much.