DISQUS

Beanieville: Hearing in several places that SPG

  • Bob · 10 months ago
    Wouldn't it be prudent to wait for the inevitable relief rally/market squeeze before shorting heavily shorted stocks - unless you're of the belief the market will continue to go straight down? I mean it just seems like everyone and their grandmother is short the market. Perhaps the time for these folks to learn a lesson is near.
  • stockabcde · 10 months ago
    You can't blame them, every rally is nothing but short covering ralated...name me one fundamental that support market rally other than short covering? Until housing stablize, the market is still going down...trend is your friend no matter how you dislike it.
  • carl · 10 months ago
    Shorted SPG, thanks...looks doomed. then again, if market rallies, can see 45 easily
  • beanieville · 10 months ago
    i don't think it's a good idea to short today...because the market is extremely short term oversold right now.

    Just putting the stock out there for you to put on your radarss.