The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

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

  1. Daal

    Daal

    TAGG imploding. Next is PWEI, short if you can, its hard, not a lot of shares avaliable. Company is worth more than half a billion dollars and stock is completely worthless. Check out the bearish articles on Seeking Alpha by inifinitials
     
    #341     Nov 2, 2012
  2. The short interest is very high you should be careful because buy covering will make a rally. :)
     
    #342     Nov 2, 2012
  3. Daal

    Daal

    Which stock?
     
    #343     Nov 2, 2012
  4. antaram

    antaram

    wow, Daal, what a call on tagg, down 57% since yesterday as of this moment, too bad i didn't get any
     
    #344     Nov 2, 2012
  5. jb514

    jb514

    #345     Nov 2, 2012
  6. #346     Nov 2, 2012
  7. Daal

    Daal

    I'm starting to think FMCN will go through as well. These people are just too insane. If it fails there will be plenty of time to short the stock all the way to $1 and make a nice % return

    There are SSFs as well so it will be an easy play without shorting restrictions

    I think thats a better way to play it
     
    #347     Nov 2, 2012
  8. Daal

    Daal

    Apparently Dan Loeb was long OSG
     
    #348     Nov 2, 2012
  9. Daal

    Daal

    OSG didn't report earnings, I think they will pull a DMND. A research firm also said that their ships are overvalued by $1B on their books, a similar number that I conservatively estimated on Seeking Alpha a few weeks back
     
    #349     Nov 5, 2012
  10. Daal

    Daal

    I only have a very small short on OSG. I might even cover soon, I'm too scared to short big here as the stock is very oversold and there is just not enough info to make sure bets

    I do have my orders ready to short the shit out of the stock in case they file or are rumored to file(by a reputable source like Bloomberg or Reuters) during the trading hours(full session, not just regular trading)
     
    #350     Nov 5, 2012