Wall Street loves a good story. The problem is that Wall Street usually arrives late to the story. By the time the analysts are upgrading a stock, CNBC is interviewing the CEO, and every investing influencer on social media is calling it a "must-own opportunity," the easy money is often already gone. I've learned that some of the biggest opportunities don't appear where investors are looking. They appear where investors are running away. That's why I've become fascinated with heavily shorted stocks. Not because they're safe. Not because they're predictable. And certainly not because every short seller is wrong. But because sometimes the crowd becomes so convinced that a company is doomed that it creates an opportunity hiding in plain sight. I call it contrarian momentum. It's one of the strangest and most misunderstood forces in investing. Most investors think momentum means buying stocks making new highs. I see momentum differently. Sometimes mome...