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VOLATILE MARKETS

Short sellers come out on top in 2015; 2016 could offer even bigger kills

Friday, January 22, 2016 - 05:50
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Even as the benchmark slipped 0.7 per cent, the average decline in the 10 worst stocks was 64 per cent, while the 10 best surged 71 per cent. Amazon.com Inc and Netflix Inc were among star performers that more than doubled.

Madrid

LAST year was the most profitable ever for short sellers, by one measure. And 2016 is starting off even better for bears.

It's no secret that betting on declines is proving profitable in what has been the worst start to a year ever for global stocks. What is surprising,