Still Worth Shorting Abercrombie & Fitch

 | May 26, 2013 12:48AM ET

I have an abiding affection for shorting Abercrombie & Fitch (ANF), and I have done quite a few posts about it. Friday morning brought the latest victory, as ANF tumbled about 10%, although it’s recovered a bit.

I covered early Friday and will wait to re-enter at a better price. In my experience, this stock has been a pretty reliable instrument for the bears.