Kill The Shorts

I cannot even think of a justification for the price most REITs are trading at. Shorts are getting squeezed plain and simple. The smartest long/short guys are short REITs but they can't take the pain and are just covering. That is why I try to avoid shorting stocks with high short interest.

10 comments:

IC said...

Yep. Getting killed. Same with RTH. These are now specific strategies to look for sectors with high short interest and buy looking for the squeeze.

Anonymous said...

The REITs are insanely overvalued.

If you are trading your own money or other permanent capital, you should step in and short them. Managers are covering because they have to worry about monthly numbers.

Anonymous said...

Sold DRV @ 7.40

Anonymous said...

Long JTX @ 1.55 OD

Tsachy Mishal said...

Good to have you back OD. I bought some JTX in the retirement account @1.56.

Anonymous said...

Sup. Stop trying to short so much dude. YOu guys influenced me in a very bad way. Shitt last two months shorting the market. Sucks big time.

I realized bears are only good traders when it's a bear market.

Anonymous said...

I'm also long UBWK and TRMA.

Yeah I understand we can correct soon. However, judging from today's action I get a feeling we're going to break above 1200 and go to 1210 first.

I am long stocks that are beaten down and should have a low beta with the market for the near term, i hope.

Anonymous said...

UWBK

Anonymous said...

what do you guys think of intel?

Tsachy Mishal said...

Intel will destroy the low ball numbers that they put out as usual. The reaction to the news is what will matter.