The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal
- Thread starter Daal
- Start date
Anyone follow ZAZA by any chance?
from 3.53 to 1.22 in under 2 months.
from 3.53 to 1.22 in under 2 months.
Potential lesson from AAPL blow up
-When a widely owned stock by hedge funds breaks key support levels after being a momentum trade for a long time, its a good idea to CHASE the short and play the reverse momentum.
I should have shorted it at some point, now it could be a little late unless it pulls a nice rally
-When a widely owned stock by hedge funds breaks key support levels after being a momentum trade for a long time, its a good idea to CHASE the short and play the reverse momentum.
I should have shorted it at some point, now it could be a little late unless it pulls a nice rally
http://finance.yahoo.com/news/bear-targets-overseas-shipholding-152644895.html
Doesn't look like informed buying. Expiration is too far away, this dude doesn't know much. Currently I have no position on OSG. I do have orders ready to smash the stock if the news break(I will also short competitors as well)
Doesn't look like informed buying. Expiration is too far away, this dude doesn't know much. Currently I have no position on OSG. I do have orders ready to smash the stock if the news break(I will also short competitors as well)
OSG down 20% on no news, short sellers sitting on ask all day to short into uptick rule. Only thing I found is
http://www.bloomberg.com/news/2012-11-08/an-honest-guy-on-wall-street.html?cmpid=yhoo.view
And this tweet
"LCD News ‏@lcdnews
Block ($170-189M) of Overseas Shipholding $1.5B revolver changes hands, Milbank hired as counsel http://ow.ly/f6uki $OSG #shipping"
The link requires some kind of subscription. It smells to me that someone was tipped about material facts here
http://www.bloomberg.com/news/2012-11-08/an-honest-guy-on-wall-street.html?cmpid=yhoo.view
And this tweet
"LCD News ‏@lcdnews
Block ($170-189M) of Overseas Shipholding $1.5B revolver changes hands, Milbank hired as counsel http://ow.ly/f6uki $OSG #shipping"
The link requires some kind of subscription. It smells to me that someone was tipped about material facts here
Have an account at Interactive brokers. At moment have very little long positions. Any ideas what to do with the cash?
Was thinking about some bond funds, but not really my specialty.
Was thinking about some bond funds, but not really my specialty.