David's Trade Journal

[david_3011]

You can't short IIJI, but you're right about it being a piece of junk. There's nothing fundamental about it. In fact, there's nothing about nothing about this stock. But, there's also nothing available for shorting. The shares have run out. It was just a trade on the short squeeze momentum. I probably should've mentioned that.

It's similar to my BOOM (Dynamic Materials) play, which has gone up close to 10% since the trade two weeks ago. That too had little fundamentals to speak of.

We'll see if this one works out as well as BOOM.