Citron bullish on Alibaba, the 'most shorted stock in world' - InvestingChannel

Citron bullish on Alibaba, the ‘most shorted stock in world’

In a new post to its website, Citron Research disclosed a long view on Alibaba, which it calls “the world’s most heavily shorted stock.” On Friday morning, when Alibaba reports earnings and issues fiscal year 2019 revenue guidance, Citron contends one of two things will happen: “Alibaba will exceed expectations on its quarter and guidance and could easily go over $200 as “the setup” is in place; Alibaba will show lower operating margins than “sell side consensus” due to offensive, value creating investments which may give investors an opportunity to buy what could be the first trillion-dollar company at a cheap price.” Citron also contends Alibaba is “on its way to $250.” Following the posting of the long report, Alibaba shares are up about 2% to $182.90.