Short Interest In Telecoms Is Mixed
Telecom stocks has mixed short interest movements in the two weeks that ended on January 13. Earnings seem to indicate that the cost of obtaining new wireless subscribers, particularly through sales of the Apple iPhone have caused losses. Shares short in AT&T…
Telecom stocks has mixed short interest movements in the two weeks that ended on January 13. Earnings seem to indicate that the cost of obtaining new wireless subscribers, particularly through sales of the Apple iPhone have caused losses.
Shares short in AT&T rose 9.9% to 57.4 million. The short interest in Verizon fell by 7.5% to 41.7 million. The short interest in Sprint, the financially weakest of the three and the one with the smallest subscriber base rose 7% to 79.3 million
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.