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Four stocks short fund Ranger Equity Bear expects to fall

Four stocks short fund Ranger Equity Bear expects to fall

Instead of searching for hidden gems, the managers of AdvisorShares' short-only Ranger Equity Bear fund spend their days scouring the stock market for sinking ships.

Brad Lamensdorf and John Del Vecchio, co-managers of the exchange-traded fund, have targeted four companies they believe will cut dividends because of cash-flow problems, making them less attractive to investors:

-- Diebold Inc., a North Canton, Ohio, company that makes ATMs, voting machines and security equipment. Its stock is down 5% this year. "Almost all of the company’s cash is domiciled in foreign jurisdictions. Free cash flow will likely be at least a $25 million shortfall with $75 million in...

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