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Paul Scott shorting ASOS and Ocado and why he’s a Globo bear

By Staff Writer | Friday 25 October 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Analyst Paul Scott is a well-respected commentator, a nice bloke and someone who showed he is a good judge of men in terming Tom Winnifrith "bonkers" and has historically been a long only investor. He has, however, opened up two short positions in the past week – this is a big departure for him. The shorts are ASOS (ASC) and Ocado ( OCDO).



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