Whitney Tilson was on CNBC at noon today. Does anyone get more free advertising than this guy ?
He does speak common sense though. And after following him for a decade I respect his work.
Today he spoke about specific short positions on OpenTable and Netflix and also discussed the appropriate position size for short positions.
He discussed preferring to short bad businesses with bad balance sheets, but when things do trade at 60 or 70 times earnings it is a little crazy.
The Fast Money Traders then close the segment as they give you their prediction for which way the market will move in the next 5 minutes. Unlike Tilson who I do listen to for ideas, these guys are to be followed only to see how many times within one show they contradict themselves.
Enjoy the video.
http://www.cnbc.com/id/15840232/?video=1628416100&play=1
