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Patient Shorts In Alcatel Lucent, Aixtron Reaping The Benefits

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HFA Staff
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Alcatel Lucent
Charts via Novus Research

It is not everyday that shortsellers get the chance to be proud of their returns. Many recent shorts have experienced much headache before before they the trades turned profitable - this is the case for one of France's most shorted names Alcatel Lucent SA (ADR) (NYSE:ALU) (EPA:ALU). Alcatel Lucent provides voice and data services - the stock has suffered after a bad run of earnings.

Shorts in Alcatel Lucent finally turn a profit

Some big names were shorting Alcatel Lucent SA (ADR) (NYSE:ALU) (EPA:ALU) and remained unfazed by the consistent rise in stock over the past year. ALU gained 225% in 2013, which propelled its stock price from $1.3 to...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.