And more importantly with too much size. If the article is correct and he suffered significant losses due to the NFLX short, his position was too big.
Stocks with a high short interest that are squeezable will be squeezed.
Deutsche Bank to U.S. Justice Department: Was that wrong? Shouldn't I have done that? I didn't know that sort of thing was frowned upon.
http://www.bloomberg.com/news/2010-12-21/deutsche-bank-agrees-to-pay-553-6-million-to-settle-u-s-tax-shelter-case.html
Deutsche Bank AG, Germanyâs...
Hello there,
From reading your journal, I believe a lot of your strategies include shorting stocks. Did you find that the upwards trend of the last months has effected your short strategies?
Thanks,
Brandon,
at first glance:
-open a prop account at echo and/ or bright for your intraday
stock trading.
-open a prop account at vtrader for your option trading.
- open a retail account at velocity to trade futures. (or if your volume is large enough lease a seat or go to fortis...
I'm long gold in various accounts, but I have to say: this stuff doesn't happen at market bottoms.
http://finance.yahoo.com/news/Fancy-ATM-skips-the-folding-apf-3352547475.html?x=0
Fancy ATM skips the folding cash, spits out gold
Novelty-seekers and investors can swipe credit card for...