Audio-Shorting stocks is harder now, says manager

December 12, 2006

shawn-pix.jpg Shawn Kravetz, president of Esplanade Capital, says shorting stocks has become harder than ever because you never know where private equity players will pop up next and blow the bets out of the water.

 “Private equity and the perception of the bogeyman thereof  have created a floor for a lot of these stocks,” Kravetz told the Reuters Investment Outlook Summit.

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