A revealing expose by one of today's most successful and
controversial speculators
Short-selling, or betting on a drop in the price of a stock, has
been described by its many opponents as everything from shady to
downright evil. And no one today personifies the practice better
than short-seller extraordinaire Manuel Asensio. Though he has been
branded in the press as a market saboteur, Asensio staunchly
defends his practices, claiming that, above all, he is out to
expose rampant fraud being perpetrated by unscrupulous stock
promoters. Is Asensio a "Minion of Satan" as they say in the online
chat rooms, or is he really a misunderstood guardian angel of free
market capitalism? In this tell-all account, Asensio offers readers
a lively narrative, peppered with unforgettable anecdotes such as
the story of why he shorted Diana, General Nutrition, Solv-Ex,
Turbodyne, and many other high-profile stocks. And he arms
investors with proven techniques for reducing the inherent risks of
short-selling while maximizing returns. Clearly, Asensio invites
both praise and criticism, but his methodology works, and Sold
Short is a compelling and fascinating read about this often
mysterious side of the market--and one of the most controversial
individuals behind it.
Manuel Asensio (New York, NY) is founder and Chairman of Asensio
& Co., Inc. He has over twenty years of corporate finance and
research experience. He has been featured in Business Week, the
Wall Street Journal, Barron's, Fortune, Forbes, Worth, the New York
Times, New York magazine, and the New Republic, among other leading
national and international publications.
