RE:Nugget Capital Partners has Baytex as top short idea As one of the most undervalued stocks in oil and gas, I think it's a risky short. Especially with the potential volatility of oil prices.
There are safer short options. I think the credit cycle is going to continue to stagnate with high rates for longer than people think, so stocks that rely on valuation based on long dated future cash flows are most vulnerable. That's basically tech stocks. Tesla would probably be my number one idea for a short.
EstevanOutsider wrote: on his substack today and posted it also on Twitter.
he seems pretty reputable. i wouldn't want to mess with it personally.
thoughts?