The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

[m22au]

Quote from Daal:

What I don't like about Twitter is that there is too many jokes and sarcasm, forces you to double check everything. ZH is the worst offender

True, but Street Insider and Benzinga are far, far less likely be jokey and/or sarcastic.

https://twitter.com/Street_Insider
https://twitter.com/Benzinga

With regards to double checking - after someone had read the Benzinga tweet (3.33pm), and the Street Insider tweet (3.35pm), you could go straight to the Bloomberg story.

 

[Daal]

Covered PCX through IB trade desk(had to call them) at 0.244. TWS doesn't have the new symbol. They waived the $30 phone trade fee

 

[m22au]

Quote from Daal:

Covered PCX through IB trade desk(had to call them) at 0.244. TWS doesn't have the new symbol. They waived the $30 phone trade fee

Nice trade Daal - you did better than me. I have to wait until 20 July for my (short) $1 calls to expire worthless.

 

[m22au]

Quote from Daal:

What I don't like about Twitter is that there is too many jokes and sarcasm, forces you to double check everything. ZH is the worst offender

https://twitter.com/Street_Insider/status/222764716668366848
Airline Peers on the Move as WSJ Says AMR Will Soon Begin Formal Merger Talks $UAL $DAL $LCC $$

 

[Daal]

Quote from m22au:

https://twitter.com/Street_Insider/status/222764716668366848
Airline Peers on the Move as WSJ Says AMR Will Soon Begin Formal Merger Talks $UAL $DAL $LCC $$

If that were to happen AAMRQ would be cancelled right after the merger no?

 

[m22au]

Quote from Daal:

If that were to happen AAMRQ would be cancelled right after the merger no?

I agree, AAMRQ would be cancelled after a merger is finalized

 

[failed_trad3r]

lol QCOR

 

[Daal]

Quote from m22au:

I agree, AAMRQ would be cancelled after a merger is finalized

I shorted a small position now I will wait for further news to take a large short. Some traders this morning took more than 1M shares of AAMRQ that were available to short. So it seems that the 'smart money' is also thinking along these lines

 

[m22au]

Quote from Daal:

I shorted a small position now I will wait for further news to take a large short. Some traders this morning took more than 1M shares of AAMRQ that were available to short. So it seems that the 'smart money' is also thinking along these lines

I might join you on that short after a merger announcement is made.

 

[Daal]

Quote from m22au:

I might join you on that short after a merger announcement is made.

ZH tweeted that AMR will explore merger options. Also made a joke about it. No idea if that is a true statement from mgm