Posted crap earnings AH, no movement, same as Wayfair this morning.
Shorting garbage may be difficult in this bull market, only short stuff that's bounced up a lot like AMC, lol. I guess we're still in a short squeeze
Shorting garbage may be difficult in this bull market, only short stuff that's bounced up a lot like AMC, lol. I guess we're still in a short squeeze
Comment:
Wow, look at AMC today.
Stay away from garbage stocks on earnings unless you're gonna play the short squeeze on the gap down.
Stay away from garbage stocks on earnings unless you're gonna play the short squeeze on the gap down.
Comment:
Looks to me like this is the reason why small caps are up, everyone's realizing that shorting garbage stocks for earnings is a dead play and covering shorts across the board. Garbage stocks are most small caps, though there's a big one with WMT, lol.
Remember my 3 day short squeeze rule, not gonna touch this until next Wed