|Day Low/High||18.82 / 20.98|
|52 Wk Low/High||10.20 / 93.99|
* Last night I shorted Zoom at $497/share From last night: Sep 23, 2020 ' 06:53 PM EDT DOUG KASS Shorting It Out After Hours I am shorting Zoom (ZM) in the after hours. More on Thursday. Position: Short ZM The newest "shiny object" that the retai...
We've entered no man's land as we head toward the downhill slope of the week.
The warrants are trading at a fairly heavy discount.
Just as Hindenburg raised key questions about Nikola, short sellers can help you think about your own stocks -- and whether you're getting taken for a ride.
The charts and indicators of NKLA look bearish.
I think that when I see the kind of across the board give up as we have today, I think it's healthy not toxic.
Can you close long puts in the pre-market? This could apply to calls as well, but the blunt answer is no, you can't.
Being scared of a pullback isn't 'expensive' or 'stupid'. It's just good investing.
Bidding for more General Motors . While the Nikola investment is embarrassing it has little consequence to GM's operations or finances. GM is trading at $29.80 now. It's my Trade of the Week.
I cannot invest in the name. Now, trading is different. If one were to try a swing trade or speculate, I am not getting in the way.
* Staying flexible, unemotional and opportunistic * Bear Markets don't travel in a straight line - this one will be no different Besides the passing of Justice Ginsburg, the market is faced with a number of new challenges this morning: * Nikola's...
Momentum and trend are key with this type of stock, so it is essential we see that continue.
I have sold out my Nikola trading long rental for a small profit. The accumulating news flow (both DOJ and SEC investigations) have put even more "hair" on this trade. I made +$9 in one day abut a week ago - it is time to rest on those laurels. ...
While I like getting involved in volatility, I don't see any edge here, only the potential to see things go ... rolling down hill.
At 6:30 am S&P futures were +21 handles and Nasdaq futures were +95. While I continue to look for lower highs, I remain net long, now medium-sized, given the time (abrupt) and magnitude (around -10%) of the market swoon in the last 1 1/2 weeks. To...
Stocks are reasonable. Or even cheap. There will be more sell-offs ahead but remember this day and do not get too negative.
No trades since the last Nikola tranche.
Despite the rise of over +$5/share, I am not selling yet.
I added further to my trading long rental under $29 just now. I have a stop loss at $27.75 on half my rental. Lower slightly on the balance.
* NKLA's shares are again lower (-$3) in premarket trading * The company has issued a rebuttal to Hindenberg Research I recently sold my Nikola long rental for a large and quick (less than one day) profit of $9/share (at $53.75): Sep 08, 2020 ' 12:5...
Let's look at the trading opportunities offered by special purpose acquisition companies -- or SPACs.
I have been telling you for weeks to raise cash -- we even sold a portion of every tech stock my charitable trust owns -- and here's why.
A new report, plus some odd Twitter behavior by the electric vehicle company's CEO, would have me backing away from the both auto names for now.
Nikola's shares are -$5 on a negative research analysis. is suffering, collaterally. I am using this as an opportunity to add to GM at under $31.50 now.
The market was narrow on the way up and the intensity of selling is narrow on the way down, which provides opportunity for stock-pickers.
This morning I posted my buys on General Motors and Nikola . I am taking my profits in Nikola now at $53.75 -- after having purchased the stock at $44.60 in premarket trading. For now I am holding on to GM, which is moving higher this afternoon ...
Here is the complete announcement of the Nikola /General Motors joint venture.
This Nikola tie-up could signal the start of a renaissance for GM.
First gear, it's all right (Honda, Honda, go faster, faster) Second gear, I'll lean right (Honda, Honda, go faster, faster) Third gear, hang on tight -- The Beach Boys, Little Honda As posted in our Comments Section I paid $31.50 for and $44.60 for ...
Look beyond the large-cap technology stocks to find good trades right now.