(Non-political question) Anyone planning to short DJT?

Discussion in 'Stocks' started by Picaso, Mar 26, 2024.

Are you planning to short DJT at some point in 2024?

Poll closed Apr 5, 2024.
  1. I'm already short

    0 vote(s)
    0.0%
  2. Yes, in the next 1-3 months

    0 vote(s)
    0.0%
  3. Yes, shortly before the election

    2 vote(s)
    25.0%
  4. Yes, if/when he loses

    1 vote(s)
    12.5%
  5. Yes, if/when he wins

    1 vote(s)
    12.5%
  6. I don't trade "meme" stocks

    5 vote(s)
    62.5%
  7. DJT to the moon! (Already long and planning to hold)

    1 vote(s)
    12.5%
Multiple votes are allowed.
  1. Robert Morse

    Robert Morse Sponsor

    Oops!
    upload_2024-4-1_12-48-36.png
     
    #51     Apr 1, 2024
    murray t turtle, Picaso and SunTrader like this.
  2. %%
    OOPs, but still looks pretty good on 1year charts\
    barchart.com has it 100% buy/up from 56% last week.
    [but ''weakest on 50dma\weakest on 200dma'', but that's just for technical traders\investors ]
    THAT helped/ read thru\good Friday\ ONE Up On Wall Street, by Peter Lynch.
    Good ideas selling Bibles for $60. Polar bears may have slight edge, if keeps closes a above $50/$60.
    One of the few stocks i ever wanted to trade with a $00 .20 bid\ask spread .
    Peter Lynch never got the memo with a big billion buck fund he could not do real well LOL:D:D
    Unusual long thanks note in his book, thanked 3 # Fidelity traders [updated 2000 edition]:caution::caution:
     
    #52     Apr 1, 2024
  3. %%
    LOL,HOOD does that:D:D
    Bid\ ask narrowed a lot from 00.25, may not help investors. Good Bible\ leather cover KJV.
    Could help the traders........
     
    #53     Apr 2, 2024
  4. Picaso

    Picaso

    Tried to short yesterday (just a small position, to test the waters)... no shares available to borrow - at all

    Options, IMHO, way too expensive right now (particularly puts, duh)
     
    #54     Apr 2, 2024
    murray t turtle likes this.
  5. Robert Morse

    Robert Morse Sponsor

    The conversion out to June costs a little over $15 on the 50 strike. We are offering premium locates right now as low as $0.0044/share but holding overnight is very expensive. I do not have that rate.
     
    #55     Apr 2, 2024
    murray t turtle and Picaso like this.
  6. Robert Morse

    Robert Morse Sponsor

    #56     Apr 3, 2024
    murray t turtle and Picaso like this.
  7. SunTrader

    SunTrader

    #57     Apr 3, 2024
  8. Robert Morse

    Robert Morse Sponsor

    In general, I start my day at about 5am est and make myself available until about 7pm est except for Friday. Friday I cut out at 5pm. I still answer emails all weekend.

     
    #58     Apr 3, 2024
    murray t turtle likes this.
  9. tomkat22

    tomkat22

    Relatively small float size(21m) I'm not surprised it's hard to borrow. IB has a CTB fee of about 700% on it.
     
    #59     Apr 3, 2024
    Picaso likes this.
  10. newwurldmn

    newwurldmn

    and it is trading at 50 but worth like .50 cents
     
    #60     Apr 3, 2024
    TrailerParkTed likes this.