I just tried to short TSLA w/ Schwab and it said that there are no shares to short. Anyone else able to? It doesn't say HTB (hard to borrow) like other stocks that im not able to short.
Is it after the bell today or pre market tomorrow?
18 million shares short, no chance to sell in a/h only about 50,000 shares traded. With Silver on a great run those that didn't cover last week will probably cover tomorrow. Should be interesting.
UNG is one of if not the most expensive ETF's there is. Its went from 508.00 to 16.00 and its not even leveraged. If Nat gas is climbing like crazy you can make some money on it, but your going to lose 3-4% a month in storage fees and contango from options rollover.
Looking very bullish. I wouldn't be short the miners here. Take a look at GDX and GDXJ's chart :D
The big question is: Is QE responsible for the rise in the stock market and the "economic recovery". I have no doubt it is, but there are some who think that we are recovering on our own and no longer need QE. As soon as Yellen doesn't taper 1 time as scheduled Gold should rally. If she keeps tapering as scheduled, the S&P will drop from its highs and therefore increase the odds of more stimulous and gold should rally. If at some point she increases stimulous instead of tapering Gold will rally even more. I can't see a fundamental reason why Gold doesn't continue rallying from here. Of course there will be bumps along the way. The only senario where gold drops back to where it was is if they put out fake short paper from COMEX and push the price down.
Was there a downgade or something? Someone dumped 250,000 shares in 3 minutes, why would someone do that? I guess an MM who has a lot of trades to make might, but still seems strange.
they should open at however much the stock price is above $100 +/- whatever premium people are paying. So its at $124 right now so it should open tomorrow at $24 if the price hold. Nice Job!! There was 35 million shares short, too many people running for the exits. I feel bad for the shorts, but that is the risk they take.
LOL, it is funny to see people who think that what is said on this board moves the stock. This board is for us small investors to run ideas off of each other and give opinions and information. The Mutual fund manangers are the ones who move the stock for the most part. I'm surprised TGT is not down quite a bit more on the earnings drop annoucement. People really do seem to love this stock and/or store. I dont like shopping there, i have been there 5 times in the past 30 days to see how busy it was. I'm short a few hundred shares, i think its going to affect 1st quarter sales as well. JMHO good luck to everyone.
lol, a long squeeze. is that what you call todays action? Seriously though, the reason short squeezes exist is because when your short a stock you face potential unlimited losses, possibly even more than your original investment. So when a beaten down stock like this starts to rally, shorts cover which can cause panic in other shorts who also cover, then momentum buyers come in and make it even worse. I short stocks also, but nothing that has already dropped this much.
i think your are correct about COMEX. They will run into an issue when some country (China, Russia India) demands delivery of their paper gold and it doesn't exist. When/If that happens gold and silver will spike up so high, it will make the 80's look like a small spike. This may never happen though, the powers that be (Federal Reserve) dont want gold to spike, so it probably wont ever happen.
the market is way overbought, everyone should be taking profit in the next few trading sessions. Gold shorts and miner shorts included. HL went up so much on Tuesday, i think that is why its not up more today. I bought another 5000 shares at 3.12 for a short term trade hoping it jumps towards the close. I think the bad news is priced into Gold and silver. The only negative risk is that the Fed tapers faster than they said and umm.... if you think that is going to happen, you shouldn't be trading stocks. I have GDX HL some TC, short the Euro due to the taper and short Target Stores.
ok, so the news comes out about the credit card breach, then the horrible response from the company, red card website down and call center more or less down, then 40,000 gift cards also not working (stolen most likely) just like the credit cards and the stock is up over $2.00 since that news and Piper says that the bad news is already priced in the stock? LMAO I have been trading for over 13 years and what i think is that they have a lot of shares they need to sell and so they put out positive news so they can dump their shares on less experienced investors. Don't think that any posts on this board move this stock, its way too big, we should all be looking out for each other. The investment banks are there to steal your money. I am short TGT and will stay short until after earnings most likely.
Yetiwells, i know that sometimes when your long a company that you like you overlook things that you really should pay attention to. I was never a Target long or short until this breach. Not only because of the breach but because of the horrible customer service afterward and the fact that many Target shoppers are strangely loyal even though they can get many of the same items at Wal Mart for less and they screwed their best customers the most by not answering the phones for 2 days. Target outsourced their IT department to India (Wipro), they trust your data to someone who makes $3 a day. How much do you think it costs to bribe someone who makes that much $? , just think about it. They havent even confirmed that the problem is sovled and that those responsible are in custody. It appears to be an inside job, Just in my humble opinion. I trade a lot of stock, if I told you how much you wouldn't believe me. I think once all the info comes out the stock is going to drop $10 and the CEO will be in hot water for how horrilby they handled it. Long Term Target is going nowhere, this will last 3-6 months, but why hold a stock that is probably going to drop 10-15% or even more if the general market drops due to the feds tapering.
Good to know, there seems to be so many reasons to sell or short this stock, I think many shoppers there are like a cult and the people who own the stock are probably the same way. The reason the credit breach is such a big deal is that they didn't have the resources to answer the phones for the Red Card holders, they outsourced their IT and probably their call center to India. People were waiting on hold for hours just to be hung up on. I believe that was due to the outsourced call center trying to meet their SLA's for hold times, so by hanging up on everyone they discourage people from calling in again. What a horrible thing to do to your best customers. Also, they haven't said exactly how the breach happened and I think many people won't scan their Credit or especially ATM card there anytime soon, it will affect sales. I am short 400 shares right now. Will sit back and wait. I amsuspicious that there is more to this credit breach than they are saying.