Jonathan Jacobson pitched short in Digital Realty Trust, Inc. (NYSE:DLR) at the Ira Sohn Conference held in New York in May this year. While explaining his thesis, Jacobson mentioned the increasing competition that DLR faces from Google Inc (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT), which the company seemed incapable of handling.
Highfields' short in Digital Realty, AT&T paying off
As it turns out, the short in Digital Realty should be a major contributor to profits in the third quarter. Shares of the REIT were down...
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Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
