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Alias Born | 09/18/2018 |
Thursday, February 25, 2021 2:53:04 PM
so you'd think when we get -3% on the Russell that it would be up like 9% right?
nope, up like 0.5%
that's because the FAZ doesn't SHORT amazon, tesla, wal mart, nike, etc.
it shorts like well....lol probably GME, AMC carnival cruise lines, airlines etc.
but they are obviously not truly SELLING AMC and GME
but those other garbage? airlines, cruise lines, hotels?....not selling them either.
they are selling iNSTITUTIONAL PRIME GRADE A BEEF STOCKS. ones they have made PROFITS on all through 2016-2020. Facebook amazon google Netflix.
coupla reasons. 1. those stocks are old news. 2021 stocks are POT, battery storage robotics AI electric vehicles genome biotech.
2. they NEED to sell stocks that won't probably go up much more to make money to either continue paying short interest on the AMC GME play (billions at stake, hedgies ain't giving up) or just eventually cover.
but my FAZ tells me to stay strong. buy. hold....collect tesla AMC GME
and UBQU.
we'll bust 10 if not today, tomorrow, Monday, the second that the short interest reports pass and the war of the apes vs the shorts subsides a little.
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