Short Sellers Are Making Bank on Oracle Stock. Should You Bet Against ORCL Too?

The software rout that kicked off last week turned into a goldmine for short sellers who've been betting against tech's highest flyers. Data from S3 Partners shows that bears have raked in roughly $24 billion in paper profits year-to-date (YTD) as software stocks have cratered from lofty valuations. While the sector has lost $1 trillion in market value, short sellers are laughing all the way to the bank. www.barchart.com Oracle (ORCL) is the poster child for this reversal, shedding about 54% from its Sep ...