UPDATE ON GENERAC HOLDINGS $GNRC
This post was just published on ZYX Short Change Alert.
GNRC makes generators. Its business is driven by storms. When storms occur like they have this winter demand for backup generators increases.
One simple principle of short selling is to sell stocks that go up because of temporary factors. We do not have expertise in weather but we do know that the kind of storms experienced this winter are not likely to repeat often.
Nothing fundamental has changed for the move over the last few days. It is simply that all momentum stocks, GNRC is one of them, are running as a group. … Please click here or the title below to read more.
March 6, 2014