The new guys also are known for profiting from clunkers. Investor Services Inc. Investments LLC,'' the new sign says. It went up recently in a bit of a delayed reaction. It's been more than a year since the company synonymous with short-selling stocks moved from across town. The wait makes sense.
Short sellers profit when stocks fall.
The Feshbachs would have looked like killjoys, hanging their sign last year, with stocks near their peak. But now, whoa buddy, it's a short-seller's paradise. Up with the sign. That's my theory, anyway. There are dozens of others.