Hey guys, saw something and thought I'd draw your attention to it
Watch out for this if you are short. I would not recommend being short right now. We are approaching all time high shorts and we are in oversold conditions and the sentiment is very bearish. It is very possible that a short squeeze could be coming and a large one too.
If you are short, make sure you have a stop-loss. You might not "think" you can get liquidated, but you can get liquidated. Your perception of reality is not reality. Be EXTREMELY careful with this guys. This could be the next big buying opportunity so watch out. This information is bullish and so I am going to select this post as bullish to make sure the bears see this. That said, I am not recommending a buy, but you should be watching out for a buying opportunity - this could be just that.
I hope you don't get rekt.
-YoungShkreli
Watch out for this if you are short. I would not recommend being short right now. We are approaching all time high shorts and we are in oversold conditions and the sentiment is very bearish. It is very possible that a short squeeze could be coming and a large one too.
If you are short, make sure you have a stop-loss. You might not "think" you can get liquidated, but you can get liquidated. Your perception of reality is not reality. Be EXTREMELY careful with this guys. This could be the next big buying opportunity so watch out. This information is bullish and so I am going to select this post as bullish to make sure the bears see this. That said, I am not recommending a buy, but you should be watching out for a buying opportunity - this could be just that.
I hope you don't get rekt.
-YoungShkreli