The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

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

  1. Down faster than a whitehouse intern
     
    #241     Sep 19, 2012
  2. Daal

    Daal

    #242     Sep 19, 2012
  3. Daal

    Daal

    #243     Sep 19, 2012
  4. Daal

    Daal

    Won't be short this dog overnight. HUGE volume spike today, Great New Pattern applies here, could pull a EDU/BPT(check charts)

    Stock might tank tomorrow but thats the risk I will take. Forward PE is 7, plenty of value idiots might jump on this, specially if the bull spin/rationalization catches on
     
    #244     Sep 19, 2012
  5. Daal

    Daal

    $QCOR 59.67M shares outstanding, trading volume of 61.79M

    I have a small conservative long on QCOR going into tomorrow. Taking a risk here but in my experience, super volume days are followed by bounces(big ones). Specially in a stock that its easy to rationalize(forward PE 6.5)
     
    #245     Sep 19, 2012
  6. Daal

    Daal

    42% of QCOR float is short using the lastest figures(probably changed today)
     
    #246     Sep 19, 2012
  7. Daal

    Daal

    QCOR bounced as expected. Trailing my profits here
     
    #247     Sep 20, 2012
  8. Daal

    Daal

    Got out at 29.7. I expected more from POS. Maybe the call will bring lots of lies. Will listen and watch the stock at the same time
     
    #248     Sep 20, 2012
  9. Daal

    Daal

    And there goes AAMRQ. Should have shorted way more shares
     
    #249     Sep 20, 2012
  10. luisHK

    luisHK

    Good calls on QCOR !
     
    #250     Sep 20, 2012