BYND Not Tanking on Crap Earnings
Diupdate
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
Catatan
LOL, rally on bad news. It's a short squeeze obviously, happens when a trade gets too crowded.Remember my 3 day short squeeze rule, not gonna touch this until next Wed
Catatan
Wow, look at AMC today.Stay away from garbage stocks on earnings unless you're gonna play the short squeeze on the gap down.
Catatan
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.
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