David Sterman

With the market showing no clear direction at this point, it pays to stay focused on long and short ideas for your portfolio. In recent weeks, I've been trying to generate more short-oriented ideas for readers, and it pays to stay abreast of these picks even more closely than your longs. (Even more important, if you own any of the stocks I've identified as shorting opportunities, you should take a long and hard look -- and consider selling.) The rationale behind a short idea can change very quickly, while long-oriented ideas can often take a year or two to reach fruition.

With this in mind, here's a fresh look at three stocks I've recently panned. With third-quarter results now in the bag, do the respective investment theses still hold up?

David Sterman

David Sterman has worked as an investment analyst for nearly two decades. He is currently an analyst for StreetAuthority.com

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