Each time TS(Tobin Smith) flourishes his pom-poms and gets the pulse racing, I want to dive in. Such is the effect of his 'teasers'.
The stock will pop up but then usually retraces. I would have thought that the shorts are all too aware of the TS effect and can play the stock both ways. If a stock shoots into orbit, then shorts know that there are relatively easy pickings to be had. Great way for both long and short positions to make money.
As a newcomer to the TS effect, I may play both sides in the coming months.
As for individual stocks, I would not currently be short ITKG. Yes, there are mutterings of discontent but there is also a view that news of some kind is overdue and pending.
My finger is definitely on the ITKG buy trigger.
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