SHORT ME TINA
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SHORT ME TINA
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Watchlist 2/8/16-2/12/16
LULU-Lululemon Athletica Inc
While we are up 2% from our short last week, considering this didn’t collapse like the overall markets and some other stocks ($FB, $LNKD, $GOOGL) I believe there is potentially more upside for this stock. With the current condition of the market in mind; it’s best to short rallies. This remains on my short watchlist.
GLNG-Golar LNG Ltd.
I covered half my short when this dipped to $15 last Wednesday. I kept half my position because I am looking for the wash out and this is looking like it’s ready to crack. We may see more sideway action next week; in the 16-17 range but by the end of next week; I am looking to cover another percentage of my short position in the 14 range. Let’s see if it happens.
FB-Facebook
Solid short from last week's watchlist!!! Looking to reshort spikes!
My watchlist is rather short this week but it isn’t due to a lack of ideas; I have a list of over 30 stocks in my notepad that I am tracking for my loyal followers, and will release when the best opportunities present themselves.
I want you to remember a few things in this fickle market. One, at some point; preservation of capital is your best course of action and you preserve capital by remaining on the sidelines. Also, my goal is to provide you stocks that can net you 5-20+% in a short turnaround (typically less than 5 days). If you go back and look at my selection; I am batting a good average and for the stocks that haven’t played out; I am virtually flat. Trust the process. Monies aren’t made being in the market constantly.
While we are up 2% from our short last week, considering this didn’t collapse like the overall markets and some other stocks ($FB, $LNKD, $GOOGL) I believe there is potentially more upside for this stock. With the current condition of the market in mind; it’s best to short rallies. This remains on my short watchlist.
GLNG-Golar LNG Ltd.
I covered half my short when this dipped to $15 last Wednesday. I kept half my position because I am looking for the wash out and this is looking like it’s ready to crack. We may see more sideway action next week; in the 16-17 range but by the end of next week; I am looking to cover another percentage of my short position in the 14 range. Let’s see if it happens.
FB-Facebook
Solid short from last week's watchlist!!! Looking to reshort spikes!
My watchlist is rather short this week but it isn’t due to a lack of ideas; I have a list of over 30 stocks in my notepad that I am tracking for my loyal followers, and will release when the best opportunities present themselves.
I want you to remember a few things in this fickle market. One, at some point; preservation of capital is your best course of action and you preserve capital by remaining on the sidelines. Also, my goal is to provide you stocks that can net you 5-20+% in a short turnaround (typically less than 5 days). If you go back and look at my selection; I am batting a good average and for the stocks that haven’t played out; I am virtually flat. Trust the process. Monies aren’t made being in the market constantly.
Last Weeks Recap
FB- +7%
LULU +2%
GLNG +6%
(+15% if you sold at Wednesday’s low)
TMST + 15%
(+30% if you sold at Monday’s low)
M- Flat
Click here for January's Recap
So what are my thoughts regarding the markets? Well, I did say it’s fickle but let’s review some key levels here.
FB- +7%
LULU +2%
GLNG +6%
(+15% if you sold at Wednesday’s low)
TMST + 15%
(+30% if you sold at Monday’s low)
M- Flat
Click here for January's Recap
So what are my thoughts regarding the markets? Well, I did say it’s fickle but let’s review some key levels here.
This watchlist is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned above. All investments carry risk, there are no guarantees. Investors should consult with their advisors with respect to their investments. Author is short $GLNG
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