What's Ahead For The Bad News Bulls: A Phone Company With The Wrong Kind Of Hum

Short selling is back in vogue again. After three years of suffering through negative or breakeven returns, short sellers, who profit from stock declines, have been churning out their best returns since 1990. Mainly, they can thank the lackluster stock market, which has has exposed a bevy of inviting targets--such as Western Water and Incomnet.

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