iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,439 Blog Posts

So You Want to Be a Short Seller? Let’s Talk About Your Future

As you can tell, I just saw Sicario 2 — a very good film and acting performance by Del Toro. The headline mimics a line in the film and applies nicely this morning, especially for GE and TSLA shorts. I don’t mean to ridicule or piss in your disgraced waters; but it must be said. You cannot keep up this routine, always being contrarian, attempting to profit during a great bull market.

The only way to be in a bull market is bullish. The only manner to trade in a bull market is to chase momentum. Period. For longer term investors, follow quarterly trends and allocate sensibly.

Pre-market, both TSLA and GE are up like cannabis stock, +15% a piece. Speaking of cannabis stocks, they’re running again and I’ll likely book profits in NBEV and TLRY.

Today is reallocation day for Exodus Quant, so I’ll be busy for the first two hours of the day.

Happy trading.

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2 comments

  1. acehood

    TSLA short sellers are the worst, blathering on about “no profit” and “huge inventories.” No ones gives AF. It’s an investment in Musk, just like AMZN (which valuationFAGS also blathered on about ad nauseum) was an investment in Bezos.

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    • it is showtime

      AMZN became ‘outted’ as an entitled elite insider with the Wapo-Cia arrangement. Anyone with substantial knowledge who is being …flat out honest… would say amazon stock had an infusion hookup (hookup, mechanism, w/e) on it.

      You can continue with your avg modality of criticism and mocking of: valuation. But it’s really not factoring the whole story

      (it makes no sense that no one gives af. standard constraints of human fear and greed do-not-change)

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