Thanks for the info. I hope there will be more shares available to short soon in normal market hours. Meanwhile let's hope the stock rallies back to $40+ so that we can short it again when there are shares available to short.
Please don't read this message if you're long LOCO.
Last week I was able to short LOCO at $37.81. I covered it a $33.76 the other day. Today I tried to short it again at $38.90, but TD Ameritrade rejected my order, saying there's no shares to short. Did anyone else experience the same problem?
Yup. I can't agree anymore. GRMN is the first one to fall after the correction. Overall, I don't see a big upside potential here. Downside risk looks unlimited at this point.
Oh man the sudden jump on Z took away all the joy I was receiving from ANGI today.
Every time I touched TSLA, it went up really high. I have shorted P before, but it recently dropped dramatically. I'm waiting for it to go a bit higher and then short it again. I was actually short NFLX prior to earnings, but covered my positions before the earnings, as I wasn't too sure about it. I will short HLF in two weeks, if it stays around the current price.
I have noticed unlike other boards on Yahoo, there are a lot of wise shorts in this board for ANGI. I don't think any of those would cover tomorrow. When you can cover your position at 0, why would you pay $8 for that?
Sentiment: Strong Sell
I am short ANGI and I'm not planning to cover any time soon. To be honest I don't even need I will ever need to cover my short position. From now on I will be waiting for upgrades from much appreciated analysts to add to my short position.
Currently I'm short Z and a little bit of YELP. However, I'm looking for even better shorting opportunities similar to ANGI.
Recommendations are highly welcomed.
Were you smoking last night? The only reason this company is at the current price level is because of BofA and other shady analysts doing pump and dump on it.
I'm looking forward to seeing more upgrades from Raymond James and other analysts on ANGI to increase my short position.
Mexicans don't go to Chipotle. There's a taqueria every other conrer. Why would anyone go to CMG, when you can get the authentic version from local taquerias.
There's major tragedies happening in Ukraine and Israel-Palestine, yet the stock market and CMG keep going up. If market drops, this baby is going to fall the most. Short as much as you can.
Sentiment: Strong Sell
If I buy a GT-R now, I will love it for the rest of my life. I'm pretty sure the guy who bought 300ZX 30 years ago, is in total love with his car at the moment as well.
PS. I really like how we are talking about cars in a stock related message board.
Are you out of your mind? GT-R is the most bad #$%$ car you can get at the moment. The Nismo edition is pretty cl#$%$y as well.
I neither know anything about this company nor care about their long term valuations. All I know is that today's action on this stock was a total pump and dump similar to what happened to PXLW a few days ago. We will see a major drop tomorrow. If you're long and really believe in this company, you shouldn't pay attention to my message, but if you're a swing trader, you gotta get out of this thing before your stop loss orders get triggered.
My trade was mostly for testing my new strategy(shorting whatever my colleague buys). If I had come across this stock more than a year ago, I might have gone long on it, but at the current price level, I'm not going to keep any long position for long term, no matter what the company future is like. I just think the risk/reward ratio when buying stocks that hit all time high is not that great.
I believe everyone should be short at the current price level. Even though PXLW is shortable now, I rather short companies like YELP, ANGI, NFLX, Z and all the other overvalues tech companies.
To be honest I had no idea what this company was doing before shorting it at $9 yesterday. A coworker of mine who is involved in group trading had told me about this stock a few weeks ago. I had this one and a few others that were targeted by pump-and-dumpers in my watch list. Unfortunately TD doesn't let me short the majority of those stocks. It was a major surprise for me when TD allowed me to short this one.
Having said that I wish you longs all the best. If you really believe in this stock, you shouldn't care about the temporary price changes and target for the big profit.