The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

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

  1. Wow. Just got turned onto this thread. It's one of the saddest things I've ever been exposed to.

    In any case, I'm shocked to see no discussion of shorting Fannie and Freddie common after they've quadrupled this week. It's almost certain the common stock of these two has no value.

    Best of luck on that Zillow short though! :p
     
    #601     Mar 21, 2013
  2. Never mind. Both stocks crashed about 5 minutes after I put that post up.:D
     
    #602     Mar 21, 2013
  3. no need to behave so dickish ralph
    good call on fmcc and fnma though
     
    #603     Mar 21, 2013
  4. Daal

    Daal

    Trying a small short on UNXL at 30.57, bullish SA article send the stock up by just 30 cents, then it proceeded to drop 2-3 when Citron issued a negative tweet. Now the stock is weak
    fundamentally I don't know what is real what is hype. But technically it looks weak, further round of profit taking might send it back down to $28
     
    #604     Mar 21, 2013
  5. unxl
    interesting
    i'll join in
    looks like it'll squeeze here at close though.
    got a moc order in
     
    #605     Mar 21, 2013
  6. avg in short at 30.75
     
    #606     Mar 21, 2013
  7. Daal

    Daal

    this stock is a bitch. even when you make money you still hate yourself :cool:
     
    #607     Mar 21, 2013
  8. when i put the orders in my thoughts were: 'this stock looks like a widowmaker'
     
    #608     Mar 21, 2013
  9. got a stop at 34.5
     
    #609     Mar 21, 2013
  10. Daal

    Daal

    it closed green, wasn't expecting that. HFTs manipulate this thing all day showing fake bids. I probably get squeezed tomorrow now that citron drove shorts in and HFTs can force them to cover. think I will cover if it breaks $32 or $32.5
     
    #610     Mar 21, 2013