Got alpha on the short side? Josh Steiner does.
Hedgeye’s Financials Sector Head advised subscribers to short Nationstar Mortgage (NSM) back on 1/8/14. Shares of NSM are down over 14% since then, compared to a flat return on the S&P 500. He thinks shares have a ton of room to fall from here.
Steiner spells out his distilled bearish thesis in less than 3 minutes below.