Global Macro Trading Journal

Discussion in 'Journals' started by Daal, Feb 25, 2011.

  1. Daal

    Daal

  2. Daal

    Daal

    The 'autists' are winning

    upload_2021-1-29_20-19-34.png
     
    #8532     Jan 29, 2021
  3. Daal

    Daal

    If the US government cant ban short selling in financial stocks in 2008, then they can ban longing in squeeze stocks in 2021. That what makes it difficult to bet on anything here, it seems to uncertain what will happen
     
    #8533     Jan 29, 2021
  4. Daal

    Daal

    #8534     Jan 29, 2021
    themickey likes this.
  5. Daal

    Daal




    Pretty cool thesis by the people behind the GME trade. Of course, now this type of setup is over. Shorting wont ever be the same, at least for a few years. I wish I was pitched this trade, having been on the bad side of short squeezes, I would have taken this trade.

    But I'm trying to think of other ways to play similar ideas, one idea is to long stocks with really low floats. Like floats lower than 3M, ideally less than 1M. But at the same time, they have really cool business ideas that could go viral. Also, they would have plenty of cash to survive, and they cannot be dillution machines, that keep issuing stock like crazy.
    Then I would wait for a piece of news and buy it and hold it for 1-3 years.
    That could work
     
    #8535     Jan 30, 2021
  6. Daal

    Daal



    GME back in July had $250M market cap, $570M in cash and $435M in book value. All of that with a 100%+ short interest. What a setup this was
     
    #8536     Jan 31, 2021
  7. Daal

    Daal

  8. Daal

    Daal

     
    #8538     Feb 4, 2021
    themickey likes this.
  9. themickey

    themickey

    Notice the bear tie he's wearing, hehe
     
    #8539     Feb 4, 2021
    Daal likes this.
  10. Daal

    Daal

    #8540     Feb 5, 2021