Marketsurfer says short shake shack

debitspread said:
Don't look now but... .SHAK 63.80 -2.20 -3.3%
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Sorry I stopped looking when he shorted it from $70 to $91. Making back losses on the next trade is as sexy and exciting as you constantly tickling his teabag over anonymous trades posted in a forum. Make sure you wash your hands after each knuckle glazing so you do not mess up your keyboard typing with one hand how great this trade is.
 
marketsurfer said:
Thanks Debit. Soon all the behind the game price actioners are going to be saying "i told you so, this is a short" Price will be at 50 soon, then 25 in less than 52 weeks. surf
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A few of us don't fit that category. We like the premise of your trade but question the execution. Again, more focus on the lock down date seemed needed, I'm not sure why you covered at $91, unless the trade was too rich for your risk parameters. Even shorting at $64 seems like a long term winner to me if you can hold. Stock might go down to $0-$5 long term. I'll give you full credit for shorting it with better timing the second attempt.

The bonus is if overall US markets correct, you can win just on that aspect alone. That makes for a very good risk/reward on this.
 
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