The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

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

  1. Daal

    Daal

    Covered after this tweet

    Brian Sullivan @SullyCNBC
    BREAKING: $HLF CEO calling into CNBC right now to refute Ackman's claims .. tune in .. like right now


    Tweetdeck is a must for anyone trading headlines
     
    #461     Dec 19, 2012
  2. Daal

    Daal

    Back at shorting, I should have bought a long position. Could have made a killing there, that tweet saved me good money
     
    #462     Dec 19, 2012
  3. m22au

    m22au

    I shorted this as it broke triple support at 42.15 on heavy volume this morning, a few hours before the Ackman "news" was released.

    CEO Michael Johnson sounds like an angry man.
     
    #463     Dec 19, 2012
  4. Daal

    Daal

    Its funny I hesitate like hell to enter longs on headlines but have no problem doing shorts with little or no hesitation. Guess I'm just a pessimist
    I got to work on my long side cuz there are a lot of opportunities I'm missing
     
    #464     Dec 19, 2012
  5. Daal

    Daal

    I bet stocks which the CEO utter the words "shorts" or "short sellers" significantly underperform the market. This guy sound like someone trying to protect his stock and options so he can sell
     
    #465     Dec 19, 2012
  6. Daal

    Daal

    I believe Ackman will put his report out on HLF tomorrow, can anyone confirm?I was dealing with some much stuff I didn't listened to CNBC carefully
     
    #466     Dec 19, 2012
  7. Daal

    Daal

    It looks to me that Ackman shorted the shit out of HLF in the days leading up to today(stock underperformed quite a bit) and bought puts. They are probably covering some into the decline

    Could be related to the decline in JCP and returns at Pershing being weak and he needing a bang before the end of the quarter
     
    #467     Dec 19, 2012
  8. Daal

    Daal

    Decreased my short on HLF. Now at half of initial short. I don't like the front running that happened and this uptick into the close. Seems that there were a lot of shorts before this news
     
    #468     Dec 19, 2012
  9. Daal

    Daal

    I'm keeping some HLF short for the ackman thesis tomorrow but its quite uncertain here, stock is down a lot and ackman is covering some of his shorts(I think) along with whoever he leaked his report to
     
    #469     Dec 19, 2012
  10. Daal

    Daal

    It' the hottest new business model right now, short the stock put a negative report and cover into weakness

    A lot of the times it pays to buy along with the short seller into the squeeze but sometimes you want to short even though he is covering because the news will be just too shocking and other sellers will come out. I'm learning more and more on how to trade this situations
     
    #470     Dec 19, 2012