As the story has been told, my son recently started a class “Stock Market Challenge.”
He’s in first place by a significant lead and it’s his competition to lose at this point.
He’s able to actively trade these stocks, which it sounds like he’s done each time attention has been drawn to a name in his account that happens to be exploding to the upside. He’s been in big moves out of $LL and $WTW, but tonight it looks as if he’s going to nail another whopper in $MEET.
5:25 PM EST, 03/06/2017 (MT Newswires) — MeetMe (MEET) is up more than 18% after the company said Q4 sales were $29.2 million, up 47% year over year and above the CapIQ mean for $28.75 million.
Non-GAAP EPS rose 56% to $0.19 from last year, above estimates for $0.17.
Separately, it said it agreed to buy If(we), Inc. for $60 million cash.
Price: 5.99, Change: +0.92, Percent Change: +18.15
This chunk of shit has roughly 15-20% of the float held short. Should be a sight to see tomorrow.
His portfolio consisted of the following names:
$SHLD, $TWTR, $DEPO, $CMCM, $ADXS, $WTW, $LL, $PI, $TAHO…and $MEET.
See here? So easy, my 13 year old can do it.
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haha. nice and congrats.
No TWLO in his portfolio? Pretty sizeable short float there as well just waiting to be mowed over…hopefully.
This is a great story.
Straight gangster. I’d be one proud Dad. Mine are still too little. I’d hope they do as well as yours though in the same spot.
You did everything tho =D
We live in an age of severe parential interference. The stuff I see going on in my kids school makes my skin crawl. It’s everything to be Number One, right? So I pride myself in being mildly uninterested on purpose, just to see the kids do stuff on their own.
Can’t believe NMBL took a bid in a juicy spot of the best profile in the market! Lol, I guess I’ll deal with it.
Now that he has mastered the basics I suggest he watch Stock Girl for more advanced market strategies.
Bought WUBA stock..
I had a memory show up on Facebook the other day; Mar 5, 2009. “I’m tired of internet bloggers telling me it’s dangerous to short down here, anything above 0 is a viable short at this point.”
The Dow bottomed the very next day 🙂
Rolled some of my $NMBL into an oversized $TNH equity position.
And I think $CMCM today too.