Most of the time, short sellers are right. When you see a stock with a huge short position, it’s because intelligent people did the research to find out how bad the underlying company blows. However, during periods of glee and outright joy, heavily shorted stocks can provide traders with big dicked gains, in short order.
I compiled a short list of names worth perusing and monitoring, in the event the market rallies for more than 2 days. (Note: I have zero patience with heavily shorted stocks, mainly because they are ticking time bombs. If I am unable to catch the inflection point, most of the time, I sell heavily shorted names within 3 days—and move on.)
Remember, most of the stocks below are shorted for a reason. Failure to adhere to strict risk management guidelines can lead to your dumb ass getting “River Twiced” on such said names.
SYNA
CMG
FSYS
NFLX
LTM
FDS
UA
BKE
GNK
NRF
WNR
Hope to see a couple of days of rally or more before pickin up some FAZ, SRS & Co…
oh yea, the FLY is the shizzz
how much is usually the danger zone for shorts, Fly.
what do you mean?
Mikey likes it.
okay
Is there some arbitrary % you look at that would raise you antennae in going against the shorts in a stock? all things being equal of course like that the firm is not about to go in chap 11.
I have a dumb question,is FAZ shortable?
J
% of shares sold short 20%+
and the rest I monitor with PPT metrics, which basically highlights recent strength in the stock. And, the fundies must be reasonably good.
Those stocks are all around 30% of float shorted.
SYNA is around 40%.
If your theory holds that the better intelligence in the market knows when to short. Then with more shorts coming on a stock means the stock has a good chance of going down.
I think that is true, but have never run the data.
Has anyone?
Good thanks
Boj says it will buy corp bonds and cp outright.
This is still not enough. Large scale monetization from the Japanese will only come from current intervention.
http://www.reuters.com/article/usDollarRpt/idUST4341420090122
Resorts Int’l ring a bell?
I guess you are some sort of dense fucking idiot, no?
Read my fucking post and understand the context in which I am highlighting the above names.
Short squeeze fucker. Short squeeze.
Hell, I was shorting FED as high as $60. On its way to $1, there were numerous 50-100% spikes.
China is still lying about GDP
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqjMAHlKvW2o&refer=home
Nonetheless, 6.8% is weaker than expected.
Fly,
You still holding FXP?
nope
What are the current short ratios on TIVO
finviz says 8%.
The stock is actually holding it’s own and looks like it could Breakout over 7.50 and run to 9.
whats the PPT hybrid score on TIVO
a little eev
From Fly’s link
Timothy Geithner, President Barack Obama’s nominee for Treasury secretary, said yesterday that China’s currency manipulation was a “significant issue.”
“It’s important for the United States and for the global economy that our major trading partners operate with a flexible exchange rate system and that market forces determine the level of those exchange rates,” Geithner said.
Tim (another one) is a fucking idiot. If the Yuan “floated” now it would sink. He ought to count his fucking lucky stars at the moment the Chinese are running a fixed rate as it’s probably too high.
And should pay his fucking taxes.
Currencies have gone into Costanza mode.
This morning my time I woke up and really wanted to sell Euro. So I bought it. If it doesn’t get fucked by the Yen, it ought to trade higher. Again I have my stop at entry levels and allows me to trade in bigger size.
The appearance of a “stronger dollar” is an illusion at the moment as the strength to a great degree is being absorbed by the weakness of the Pound against everything and the Euro against the Yen.
In other words the strength of the yen is moving everything around.
The straight dollar moves are a side issue to some extent and caused by whats happening in the yen stuff.
As much as I hate them I use charts for currencies.
I use an 18 hour ma and 16/2 moving average envelope on the hourly for short term. It’s a good money maker and helps to pay the utilities.
I agree. China can devalue its currency and fuck us hard.
“Most of the time, short sellers are right. When you see a stock with a huge short position, it’s because intelligent people did the research to find out how bad the underlying company blows. However, during periods of glee and outright joy, heavily shorted stocks can provide traders with big dicked gains, in short order.”
I’m talkin, G-FIIIIIIVE. No more frequent-flyer bitch miles for my boy!
Re China: at least their gambling industry is humming along
MACAU’S DEAD WHALES
Visa restrictions are apparently the least of the penalties facing Chinese high rollers.
Forty-four of 99 mainland China whales studied by the Macau Polytechnic Institute were sentenced to death, murdered, committed suicide or were serving long jail sentences after committing crimes to fund their gambling visits, The Brisbane Times reported.
MPI found that 15 had been sentenced to death, seven committed suicide or were killed by others, two were given death sentence reprieves and 20 were serving long jail sentences.
At least 10 companies had collapsed subsidizing the gambling losses of high rollers. More than half of them worked for the Chinese government or state-owned enterprises, the Times reported.
The gamblers surveyed lost an average of $3.4 million.
Obviously, a large percentage of them will not be returning.
Mainland Chinese made up 56 percent of visitors to Macau in 2007, a figure that reached 70 percent in 2008. They spend near four times as much as those from Hong Kong, $429 a day, the Times reported.
VIP players account for 68 percent of Macau gaming revenues.
Oops!
I missed EBAY’s crappy call today, just catching up. Might be a nice short scalp.
http://tinyurl.com/caomg4
scrolling down this page felt oddly like repelling down a funnel that i had no doubt i would spring free of.
…use your mind, not anothers.
Dave,
go fuck yourself with a rubber hose.
Since no one has said it yet…….
FLY IS GOD
On NASDAQ stuff you can visit http://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest and look at how the short interest is increasing or decreasing by month, in addition to days to cover and average daily volume. This can provide info on whether there is increasing or decreasing momentum for the shorts. Earnings and some other factors can realy inflate short positions over a relatively brief period of time.
Which of these internet behaviors rule?
a. following these blogs
b. surfing porn
c. buying ebay stuff
d. checking your email
Porn definitely. I surf porn as I don’t get it at home.
STI swings to loss, reduces divi
Ass Napkin Mike has made his choice to join the ranks of other unrepentent blasphemers.
Moses: go fuck a camel.
The Fly is God.
Zombie, Harden not your heart.
Devildog kills rats.
http://clusterstock.alleyinsider.com/2009/1/cape-cod-pest-control-mogul-takes-wall-street-to-cleaners
scrolling down this page felt oddly like repelling (sic) down a funnel that i had no doubt i would spring free of.
…use your mind, not anothers (sic).
You, on the other hand, are free to use “another’s” Spellcheck.
_________
Ooooh Zombie, I sure hope you didn’t plant “tha tamaytahs” this year…
Because the locusts are coming dude.
________
Anyone know what’s going on with Ronnie James DEO today?
Downgrade or sumpin’, or is it just the pound?
How does one short the Pound Sterling using an ETF ? I’m sensing another Sept. 1992 moment here.
EDIT. Nvermind. Found it – FXB
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/01/22/MNBG15EFC6.DTL&type=business
Not pretty for the bulls. Big dump here. MSFT blows chunks.
Just let Walmart get a banking charter already.