Battling against short sellers, a fraternity that includes some of Wall Street’s savviest market minds, is often a fast step to the investment graveyard. Nonetheless, that’s what scrappy money manager Joan Lappin did in January of final year, in what turned out to be a winning effort. Now, she’s at it again on the very same stock — Zoltek Companies Inc., a St. Louis-based maker of carbon fibers. Short sellers sell stocks they do not own, with

the concept that they can buy them back at a lower price…

Original post by DAN DORFMAN

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