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stevenash

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Everything posted by stevenash

  1. I think the squeeze they are referring to is related to short selling. If you understand what short selling is, you essentially borrow a share of stock and sell today and then, after the stock declines, you pay for the borrowed share at a lower price than what you sold it for. If I "sell a stock short" for, say, $10 per share, there is no end to how much I can lose if stock continues to climb. If it hits $20, some people will sell, take their loss and be done with it. When it hits 30, some will act at that time. This can go on forever as long as the stock keeps rising. Sounds as if they believe most short sellers will feel the "squeeze" some time next week and be forced to take their lumps and get out before it gets worse. When you buy a stock for $10, the most you can lose is $10. When you short a stock for $10, the amount you can lose is considerably more. EG. Person A sells a stock he doesnt own today for $10 per share ( remember, it is borrowed and he hasnt paid for it yet. A few days later, Person A pays for the stock he "borrowed" at $7 and makes $3 per share. Typically, a transaction involves buying a stock and, at some point in the future, selling it. In the short scenario, you are essentially selling first and buying later with the hope you will buy at lower price than that for which you sold.
  2. I would suggest to him that good investing is based on fundamentals. This price movement has nothing to do with fundamentals. I had a client who, some time ago, wanted to buy Tilray, a marijuana stock at about $150 per share. I persuaded him not to. 2 weeks later it was $250 and he made me aware of his unhappiness with my advice. Today, the stock trades at about $18 after having been to about $6. If he wont sell , maybe you can compromise. Tell him to sell enough to get his original investment out and he can keep the rest. That way, he is playing on "house money"
  3. You must be dreaming. The left is anti-wall
  4. Another who believes victimhood claims are the exclusive province of the left
  5. stevenash

    GM?

    It will be Trumps fault
  6. I think the upset he refers to is the last district game of the season at HJ between HJ and HF
  7. Wasnt that long ago when the left was demanding "safe places"
  8. You mean you are not gonna tell him to find a hedge fund?
  9. The left has never understood that government does very few things efficiently.
  10. Correct. He never had a willing "wingman"
  11. Possibly true but that is not how the media portrayed same
  12. There certainly was no problem getting an "audit" of the Trump background when the FALSE allegation of Russian collusion erupted.
  13. Are you talking about that event that was caused by a spontaneous response to an internet video?
  14. The point would be to compare Obamas promise to build a 21st Century VA to Trumps promise to repeal Obamacare. But I forgot, failures of anyone other than Trump are not permitted for presentation.
  15. Go ahead InMAGAWeTrust- tell him how this is just a conspiracy offered by a far right wacko!!!
  16. How "provocative"! Since I know how much weight your opinion carries here, I think I will not fret about it.
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