There is a difference between shorting a company whose stock price is inflated and a company going out of business. This company's stock puffed up after the IPO and is now coming back down to earth. Your call that the company is going out of business when the restaurants are opening in many places and is still very popular despite the large number of burger joints makes you look like less like a trader and more like a child who has to jump up and down and draw attention to your fake call in a message board. Losing 20 points going up and making 30 points going down is not something you should be dangling your nuts in the water fountain over and proclaiming the company is going out of business and then snapping like a baby with fudge diapers over someone else's analysis of the company. Now I know why you like T. Sykes so much, you both use the same bidet. Your constant criticism of chartists is laughable because your fundamental analysis can be just as flawed - it is a prediction based on past information and experience. Fundamental and technical analysis makes predictions based on current and past data and only a douche waffle would proclaim one is superior to the other. Your claims are as stupid as the argument over whether option sellers or buyers have an advantage. The fact that you have new posters (wink wink) popping out of nowhere sucking your knob shows you need to create new IDs to pump your own ego because we all know that acceptance by ET posters is the first step to coming out of the basement and showering. Oh wait my indicators are now all at number B, my bullshit indicators have not been this high for some time.
No need for the gonzo hate vibe. I really dont care what you think. SHAK is going down and will be at $20 or below--/- surf
Wow! I guess some people deal with jealousy better than others. Meanwhile, Wall St & media finally catching up with Drivers™.... http://www.businessinsider.com/morgan-stanley-downgrades-shake-shack-july-7-2015-7 Morgan Stanley thinks Shake Shack shares are just way too expensive right now — and now the stock is getting crushed
Wow, you really enjoy hyping Marketsurfer and his calls. Just to be safe though, please disclose any personal or business relationship you have with the op, in order to remain legal with respect to security laws. If you are a legit third party fan, no problem. And here's a curious post from April 25th : If Wall Street is "catching up to Price Drivers", then who was that 37% in April ? That's a massive short interest, especially considering that I believe read elsewhere that something like 40-50% of the stock is insiders who cannot sell the stock until July 25th.
> in order to remain legal with respect to security laws LOL > If you are a legit third party fan Sorry, detective, I'm not associated with any Surf-related enterprise -- I don't even know what business(es) he's in. I'm a fan because he puts honest, live calls out there rather the usual Monday morning "analysis," and because he shares freely of his experience and expertise, and because he doesn't hide in anonymity.
Then at what basis do you attribute "Price Drivers" to the success or failure of this short ? I see no evidence of this. What I saw was a heavily shorted stock joined in by Surfer who had a bad experience eating their product.
Maybe so. What I'm curious about then is your position sizing. Will you add heavily to your position now in anticipation of July 25th, trying to hit a massive home run long term ? Your posts suggest otherwise, that you are in a fairly moderate position and lack the full conviction to short this heavily. Correct me if I'm wrong.
I am in the trade at my largest allowed level for a single idea per my rules. Yes, i am trying to hit a home run with it. surf
I had a bad experience eating their food, so i checked the Drivers and shorted based on them plus the terrible food. surf