You can find a compilation of all Alex and I’s webinars here.
If you’d like to get involved in the community, there’s a sale still going on here.
Also if you haven’t seen yet – I’ve started an Audio-Blog series. I narrate all my favorite blog posts for you guys. You can find that here.
MTSL: They continue to play games with this thing, keep it in a super tight range all afternoon today, rope in a ton of shorts & bid prop it, then “dump” it, just drawing in probably even more shorts, I don’t know. Sometimes these just fizzle out, there’s no way to tell yet, but better to be safe then sorry. It has an insanely sketchy feel to me, and I am not interested ss yet. Super low float rotated a million times, I think there’s a bigger plan here, and it can go buck wild anywhere over 3.50. I’d be long biased on dips rather than looking to short for now. Ideally I’d like the short way higher, 5-6+. Maybe wishful thinking for that to happen again, but I definitely don’t see the r/r to short it here yet based on how it’s been trading. Caution.
HTZ: Nearly 22M shares short (50% of float), and looks to have based here a few days in a row around 13.50s, I think Hertz is a terrible failing company in the wake of Uber/Lyft type services (as do those other 22M shorts), but from a technical perspective, when this thing bounces, it’s usually a multi-day affair. I think the r/r is there for a long idea risking off that 13.50 spot for a near term technical trade.
SMIT: Would try the short on any open shove mid 3s with a 4 o/u stop.
If you’re not an IU member and would like to become one, there’s still a sale going on here. Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.
See you out there!
– D
0 Comments