SHAK

Phill Twist

Phill Twist

SHAK closed up 0.89 percent on Tuesday, 5/8/2015, on approximately normal volume. Due to the stock's strong uptrend, its overbought condition may remain that way and should be discounted. SHAK continues to rally and is now up 50% in a week. The company will have to report blow out earnings to support this valuation but it looks like another is forming. what is your perception about this stock?
 
in IB, The fee rate for shorting SHAK in IB is 245.14%. That means that if you short 100 shares at $60, you have to pay 245.14 x $6000=$14708 as fee in a year. That is $14708/365=$40 a day.That means that if you keep for a year and cover it at $50, The fee rate will swallow your account although you have covered the shares with $10 profit per share.

On the other hand the rebate rate is 245%. Which (I believe) means if you buy it at $60 and sell it at $60 after a year, you have made $14700 although the stock has not moved.

These numbers for INTC are -0.31% and 0.25% !!!!
 
$SHAK dropped back below $70 on Wednesday. The company will have to report blow out earnings to support this valuation but it looks like another bubble is forming
 
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