So the guy hit some home runs. This is Peter Lynch style investing, look around and buy what you see. But I've got news, I guess, for you. Not everyone can do this. Hardly anyone can. Almost no one. Willian O'Neill of Investors Business Daily always shopped the new high list because trends like this show up there early and if they are true trends, they run like mad. Think AAPL. Way back when one day it made a new high, maybe a week or two after this guy saw it but so what? That was a long time and a lot of money ago.

P.S. That Snapple short? That could just as easily have been so much demand stores could not keep it on the shelves in which case the stock would soon rocket. This guy got lucky and it's your first example? Doesn't take much to hate a legend.