CAR shorts smoked
- Thread starter fan27
- Start date
unlikely CAR shorts were smoked.
it seems like yesterday, the day traders
- took long positions when the market just opened.
and CAR went up massively
- and about 1.5 hours later, they reverse direction & took short positions.
and CAR went down massively
and everything was over in just 2.5 hours.
up - they earned $$$$
down - they also earned $$$$
congrats to those day traders.
such stock is a day trader's dream.
Those who bought it at 540 might not be able to sleep well.
it seems like yesterday, the day traders
- took long positions when the market just opened.
and CAR went up massively
- and about 1.5 hours later, they reverse direction & took short positions.
and CAR went down massively
and everything was over in just 2.5 hours.
up - they earned $$$$
down - they also earned $$$$
congrats to those day traders.
such stock is a day trader's dream.
Those who bought it at 540 might not be able to sleep well.
Last edited:
Read the comments...idiots were placing large short bets and got margin called / liquidated near the top. Sure....skilled traders made money...but we know most traders are not skilled.
hmm. must be those hedge fund managers again (plus newbie traders?) who tried to go against
the flow/ grain / herd ?!
No pity, no sympathy for such foolish people.
They deserve to lose money.
Fantastic selection of how-to-not-trade quotes right there.
"Putting life saving on a stock and got stopped by margin call"
0 discipline 0 risk management right there
This is the reason the market is then blamed.
Absolutely, added some Car at $139 and KMX $133. The attacks don’t matter when they’re solid companies.
Look at NVDA, the same attack with colossal option buying. I bought the $290s-$300 because the volume was insane. Wish I had diamond hands or forgot I owned them till now like car. Car I woke up to the chaos, thought they solved AI or cured cancer. Dumb luck on my part, bought the $290 nvda at $1-$2.80 they hit $21