Tilray overhyped but predicting $5 in January seems too gambooly. I definitely wouldn’t be holding though.

Speaking of 80% decline in 4 months, what keeps propping up W? As soon as institutional investors unload, it’ll be a bloodbath. Holding short all the way. The company loses money and some data (supposedly a Wharton case study) shows customer acquisition costs are significantly rising.

How is Tilray a scam?

Anyone know why TSG down so much today? Cant find anything new, and don't have a bloomberg terminal.

Anyone looking at companies who are going to benefit from the new sports betting laws, what are you looking at?

William Hill was a good bet months ago. I think that ship has sailed. I’d look at IGT.

Nice breakout here on UNP. glad I held some. Bought DUST undersized for a swing

This is pretty funny. Andrew Left (Citron) revealed as a major overtrader. The last two pages are 10 days of trades on Tesla from his lawsuit against the Tesla CEO.

Goes to show even the best in the business don't always know what they're doing. He cucked himself hard on these trades, far too many and not clever ones.

https://www.dropbox.com/s/dml9bxz4ro...05463.pdf?dl=0

Eh, gonna avoid clicking on that link. Left certainly has the power to stir up volatility, but I wouldn't rely on snap taking positions based on his tweets. Often times what I see on his short calls is that stocks gap up quickly moments after his tweets are published. This can be explained by algos responding to technical indicators related to unusual volume or maybe people on the inside with left buying to cover as people start driving down the ask price lol.

Ya'll see the news on Amex? Has potential for huge scandal. Possible that their questionable forex policies and tactics have been this way for several decades.

Left makes a fortune on his short (and occasional long) calls. Usually tanks a stock 5+% in an hour on volume (volume he can sell into).

Most of Left's calls are terrible, it's a good idea to sell the second he suggests to- cover at the end of the day and then open a long position the start of the next day.


Also, the trades at the bottom are hilarious- he was wrong like 85% of the time on his short sells and covers. I didn't bother adding it all up, but I'm guessing he lost low to mid six figures trading Tesla.

Left's greatest talent is coming on CNBC whenever he wants to pump his positions to the retail community. Then the financial media covers his positions like it's an actual story. Citron has had some good calls recently but it's one thing to have good ideas, it's another to execute correctly. When you can move the market with a single tweet or TV appearance, it shouldn't be that hard right if that's supposed to be your business model?

You can't pump and dump stocks, why can you do the opposite?

Yeah, Left is running off the reputation he built several years ago when he was actually revealing genuine frauds. The past couple years he's been -EV on the fundamental analysis but enough people listen to him that he can short a name, drop a report, and cover 5% lower.

re: Left's trades around the take-out announcement, I wonder to what extent he thought he was free-rolling. Make money and it's yours, lose money and sue Musk to recover it.

Exactly, if they uncover fraud, it's worth doing your own due diligence. If they make a valuation call (W, NVDA) - go the other way

Good question, probably because the SEC are actually a bunch of dopes. He's so blatant about his strategy as well and when he's pressed in interviews about specific entries/exits... completely dodges the question. Would anyone be shocked if his firm covers a portion every time he's on TV/issues a PR release? I thought that's the whole point.

I wouldn't put W and NVDA in the same category. Sure, W has > $1.2B in total assets, but with the trend of increasing customer acquisition costs and maybe a little of the Amazon effect, it's hard to justify an $8B market cap. W is seeing some strong market manipulation going on -- up 5% to shy of 1% so far intra-day today -- 7.7% swings from lows to highs and back in a couple days like it's a $5 stock. The fall to the bottom is a lot steeper than the climb to the top. We may have already seen the top.

I agree with the notion that Left is given a lifetime pass on the pump and dumps because of Valeant.
Which is okay, but what i don't like is that now he expects Musk to not have the same pass he has. I mean he can just do random shorts like with Shopify and make a killing but no he has to overtrade TSLA. He was obviously thinking that he was freerolling.

KSS looks like a good short here IMO. (3-6months?) It's like an all around better version of Macys if you do a little digging.

I follow DAMSConsulting on Twitter. It doesn’t seem like he has a personal agenda, but he does have a vendetta to expose naked short traders, traders and firms who take advantage of having 2 full trading days before borrowed shares have to be delivered. I feel that I’m far from adequately educated on this subject; however, it makes sense that if some event forces shorts to rapidly buy to cover, this will drive the stock price up.

WEYL is one of the stocks this Twitter guy covers. He claims that the ex-dividend date at the end of this month forces these shorts to cover or be obliged to come up with the dividend.

Is this as black and white as it seems, or will the ex-dividend date pass without much drama in the stock price?

Disclosure: I’m long WEYL.

Anyone shilling OTCs on twitter is most definitely full of ****. Sell and move on. Anyone talking about "squeezing the shorts" can be ignored.

If you want to learn about short selling, read about TLRY CRON TSLA going on right now or WATT and MNKD

got puts on VGR. its dead

I think you are under that false assumption that all retail is bad.

Just like many others itt are under the false assumption that a crash is imminent.

Stay long my friends.

Hey guys. Since this is 2k18 trading thread, can I ask about crypto? I'm planning to invest something in it during September-October. For me the question is which currencies is it better to choose now? I think btc will be my main investment. In addition, I’d like to get some alts but there’re really a lot of them, so I haven't made my choice yet. Maybe, I’ll choose xrp or bch as a second players. Can anybody predict if these coins are going to grow during the end of 2018. Any advice will be highly appreciated.

Wrong thread. Your post was ignored for a reason. Look at the other two threads on Bitcoin and Virtual Currencies.

Also if you're thinking about investing in XRP or BCH you know absolutely nothing about cryptos. Please spend another few months learning before putting a dollar into an alt or you will get crushed.

Considering you picked the two currencies that get made fun of over and over I am suspicious about how much research you've actually done up to this point. There are about a million memes on the internet about how those two coins specifically are garbage. Have you really not seen any of them?

$WEYL in sub $2. Out $2.41