Surf style : No risk management, only betting (or hoping). Sometimes it works. Sometimes it blows up. Even if he wins money with all these shorts, IMO, that was very bad trading because it would be only a question of luck and hope. Chris Mac
famous saying: markets can stay irrational a lot longer than you can stay solvent. ps even parabolas last longer than you think.
supposively, there is a crowded HF trade: long SHAK, short YELP. I don't understand why anyone would put that trade on. It could be some bs sales-trader explanation for the behavior of SHAK.
Man, no doubt about it, this is brutal. We never expected to see the company at the current level--- will be forced out at $91.00 per share--- holding painfully for now. surf