Marketsurfer says short shake shack

Discussion in 'Stocks' started by marketsurfer, Apr 25, 2015.

  1. Uncanny... day after day...
    SPY 211.82 +1.01 +0.48 %
    SHAK 65.85 -3.49 -5.03 %
     
    #511     Jun 22, 2015
    marketsurfer likes this.
  2. he doesn't follow TA

    how did he get to $50 though? my bet is he paid for an escort and she charged an extra $50 for pegging, so he thinks 50 is his lucky number
     
    #512     Jun 22, 2015
    monoid likes this.
  3. samuel11

    samuel11

    There you are buddy! We miss you in the Surf Report thread quoting the Dow getting higher...

    I wonder why!

    I admit that short Shak was a good call here, except Surf was burned previously and ended up covering at 91. Can you believe that?

    We are 25 pts lower, and he did not even take advantage of it. I’m so disappointed that he missed that opportunity after taking a loss.

    But the statistic remains stable: ~80% accuracy.
     
    #513     Jun 22, 2015

  4. Huh? We have been short from 86.70 and 86.75. Took 2 tries, but victory is sweet. Next stop 50. Then 25 ---
     
    #514     Jun 22, 2015
  5. No, it is derived from present actual value analysis ---
     
    #515     Jun 22, 2015
  6. monoid

    monoid

    For Christ sake, stop it. I almost killed myself laughing! :)
     
    #516     Jun 22, 2015
  7. xandman

    xandman

    Sonic is selling off for the second earnings season in a row. Surprisingly, somebody has a bid for 32.21 (-3.45%) in the after-hours and it's solid.

    Still, this could help SHAK break thru a major support of $65 tomorrow.
     
    #517     Jun 22, 2015
    marketsurfer likes this.
  8. Thanks for the news! surf
     
    #518     Jun 22, 2015
  9. Nine_Ender

    Nine_Ender

    You shorted at 67.09, 74.41, 78.07, and 76; covered at 91.

    Unless you took on more shares on your most recent trade, you haven't broken even yet on this trade. If you hold til well past the lock down date ( something I recommended at the onset of your recommendation ), you will likely make your money back in my opinion, and possibly gain a real victory.

    Am I missing something here ? Why is this a "sweet victory" ?
     
    #519     Jun 23, 2015
  10. This one's getting away from the h8ers... SHAK Last: 64.81 Chg ($): -1.19
     
    #520     Jun 23, 2015
    marketsurfer likes this.