On 11.14.10, In Short Ideas, by Admin
Three growth stocks are on top of a list of short sellers most hated stocks of 2010. With gains amounting to over 300% year-to-date, Netflix (NASDAQ:NFLX) , OpenTable (NASDAQ: OPEN) and Chipotle Mexican Grill (NYSE: CMG) have been a nightmare for short sellers this year.
Arena Pharmaceuticals (NASDAQ: ARNA), Vivus Inc (NASDAQ: VVUS) and Orexigen Therapeutics Inc (NASDAQ: OREX) are developing drugs that battle obesity. With 1.6 billion people overweight worldwide, the first drug to gain FDA approval would go blockbuster with ease, rewarding shareholders handsomely.