The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Quote from Daal:

WDCO seems to be short LOTE and the other market makers are gunning to break them by engineering a squeeze. I'm scalping this thing long every once and while. It could go to $20 before it crashes. That stock is worth very little though. I doubt there will be any shares to short (and NITE is blocking shorts as well, they want to break the big short)
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LOTE reaches $20 lol. Too scared to short this one and congratulations to MMrs to engineering this short squeeze
 
Quote from jj90:

Not a real time call but I could care less about cred, I've been short UNXL via OCT35 puts from around 28. Been taking heat obviously, but it's a small position and I really believe even if true, the bullish case has been fully priced in. If the stock fails to deliver or is fake, the entire move could be retraced. Could have timed it better, but this isn't in my trading account and the thesis isn't technical/price.

And for those of you who haven't met ralph, yeah he's abrasive but the guy puts up good calls/points.
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UNXL 22.xx, just got out of OCT35 Put @ 16.7 +$2 from 14.7. Was really off on this one and probably should have shorted higher but just glad to walk out positive. I don't care to further spec currently whether this is real or not.
 
The best play on UNXL was to buy leaps when the stock was in the stratosphere. Kicking myself for not having done it. This is the best way, imo, to play TSLA right now. I have no position there but if I wanted short exposure, LEAPS would be the way to go
 
Quote from Daal:

The best play on UNXL was to buy leaps when the stock was in the stratosphere. Kicking myself for not having done it. This is the best way, imo, to play TSLA right now. I have no position there but if I wanted short exposure, LEAPS would be the way to go
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Probably the best thing to do especially since the outcome of these trades are often fairly binary
 
Quote from jb514:

Probably the best thing to do especially since the outcome of these trades are often fairly binary
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I got Jan 2015 $30 PUT on TSLA. when this momentum squeeze insanity ends, stock might correct 30-50%, I hope to sell it higher rather than hold to expiration
 
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