It is not everyday that shortsellers get the chance to be proud of their returns. Many recent shorts have experienced much headache before before they the trades turned profitable – this is the case for one of France’s most shorted names Alcatel Lucent SA (ADR) (NYSE:ALU) (EPA:ALU). Alcatel Lucent provides voice and data services – the stock has suffered after a bad run of earnings. Shorts in Alcatel Lucent finally turn a profit Some big names were shorting Alcatel Lucent SA (ADR) (NYSE:ALU) (EPA:ALU) and remained unfazed by the consistent rise in stock over the past year. ALU gained 225% in 2013, which propelled its stock price from $1.3…
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