The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Discussion in 'Journals' started by Daal, Jun 8, 2012.

  1. I joined in on FMCN (24.68)
    looked at aamrq
    seems it's hard to catch a bid in it
     
    #231     Aug 30, 2012
  2. Daal

    Daal

  3. Daal

    Daal

    Got a buy-in alert from IB for FMCN right now. I added to my short this morning and these shares are under threat of being bought in. Stock is getting shorted like crazy, shares are scarce
     
    #233     Sep 17, 2012
  4. tried to add a little bit to fmcn in interactive brokers account.
    none left to borrow.
     
    #234     Sep 18, 2012
  5. Daal

    Daal

    They are threatening to buy in my add of FMCN again. Today I almost got bought in, tomorrow they might just do it
     
    #235     Sep 18, 2012
  6. same here
    and SPH too
     
    #236     Sep 18, 2012
  7. I posted a few of these bogus stocks(HUSA, REE,SCOK all died) in the past so maybe I'll do some again. I don't post much on here anymore (busy busy).

    I haven't looked at the Citron research site in a while, but they used to have some interesting articles. Also, Mark Cuban had a site a while ago..share sleuth or something like that.

    One thing that I like to do is find the people who underwrite these things. It can be hard to follow the trail sometimes, but there are a lot of firms that love to pump out this garbage over and over again.
     
    #237     Sep 18, 2012
  8. Daal

    Daal

    FMCN has SSFs. Discount to stock is not horrible, about 40c for Mar 2013 contract. Considering that the borrow has a fee anyway, at least its a way to avoid getting bought in
     
    #238     Sep 18, 2012
  9. some of herb greenberg's ideas are interesting as well
     
    #239     Sep 18, 2012
  10. Daal

    Daal

    Shorted QCOR. Citron research, 95% of revenues at risk. CEO dumping stock
     
    #240     Sep 19, 2012