4 ms·

That's a long time to be short. From my trading days, I've learned the importance off only short term trades when betting against a stock.

• pyrrhotech 12y ago
  I don't plan on shorting to $0. I went short the day after the Whatsapp announcement at $67. Originally planned to cover around $50, but may cover at any point now. They are definitely rolling and investors are enthused in the short term at least
  • Gustomaximus 12y ago
    What method did you use to short them?
    • pyrrhotech 12y ago
      regular short sale, no options or anything. In Interactive Brokers, just selected 'sell' instead of 'buy' before placing order
  • 001sky 12y ago
    The 'never bet against the Fed' thing is also in play.