- Name: beanie11111
- Location: USA
The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns.
I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts.
Let's rock!
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4 Comments:
Chinese markets taking quite the beating...atleast the rest of asia is stable enough
Good idea! Short DNDN into oblivion!!!
you have to be insane to short DNDN. look at the calls for this month, and you know you'll get burned big time. to give you an example, DNDN climbed $5 within 12 minutes of trading on rehashed news last week. why? because 50% of the stock is short now, and there are no new shares to short. given the short interest, even the whiff of any good news (ROW partnership etc) will send it to the $15s within the blink of an eye.
do yourself a favor. and don't short DNDN unless you wanna end up a bag holder. even the $75m convertible news today can't hold it down, it's clawing its way back up. and there's a good reason for it. good luck.
Any big rises (only) in DNDN need to be shorted with put options.
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