Simply put, this is not the market to get caught leaning short into heavily-shorted stocks, as we are seeing vicious squeeze across the board, be it the solars, China names, NFLX TSLA, or 3D printers.
As I have noted before, in a bull market I make a concerted effort to usually focus on only shorting stocks which are not heavily-shorted, larger cap, and lower beta. This way, I am far less susceptible to a dangerous squeeze or a devastating buyout.
A few more beaten-down long ideas this morning: CREE DDD VECO YELP.
Chess, I love the look of that DDD!
Activity and sentiment in NFLX and TSLA to name a couple stocks just pure euphoria as investors/traders don’t want to miss out. History always has a way of repeating itself.
Round of Spiced Beef sounds awesome.
I don’t want to be a total copycat, so I’ll have the Corned Ox Tongue, please…
Nice!