ShortSeller76

ShortSeller76 Updated 

BKI mortgage software company. Bought 100 calls yesterday in high $54 range, stock went lower, added 75 more calls around $52.30 range for a nice average. Target $58-60.

ShortSeller76

Looking for a reversal to $43.32 or much lower with a large gap to fill. Will add on any increase in price next week. Why do people chase these stocks after earnings?

ShortSeller76 Updated 

Bought March 18 $147 calls. Stock is way oversold on daily and weekly technicals on a good solid company.

ShortSeller76 Updated 

Shake Shack (SHAK) came out with a quarterly loss of $0.11 per share (after adjusted -$0.25). At what point will these companies stop blaming Omicron/ Covid for their shortfall of analysts estimates? Only 250 locations and forward guidance is so bad the company stated: “Given the substantial uncertainty and resulting material economic impact caused by the...

ShortSeller76 Updated 

Broke below my support of $219, sold my calls for a loss, went short. Seems every single day since ER nothing but more bad news piling on to this from lawsuits, to privacy, threatening to shut down in EU, competition, to Apple and now today's announcement of Google's IOS changes. Whistleblower claims about fraud regarding value. I was looking for a bounce to...

ShortSeller76

Nasdaq along with many individual stocks I am short printed an official death cross on Friday. If you don't know what that is, it's time to close all your positions and find another line of work. A death cross is a textbook SELL signal, no more "buy the dip" and hope stock market of overpriced high flying money losing companies courtesy of the perpetual money...

ShortSeller76

Another money losing covid era IPO with failed double top. This company reports "earnings" on March 2. The last 3 annual reports have posted larger losses than the prior year. The era of fed induced stimulus and QE with bubblelicios low interest rates is over. This stock looks to be printing a death cross in the coming days same as NOW and CRM. Look out below!!

ShortSeller76

This is not the environment to be catching this falling knife. We are in a bear market and this company is highly overvalued, growth is slowing, supply chain issues and input costs are increasing. ROKU missed revenue expectations by 9 % and lowered forward guidance. Another 70 PE stock whose price to earnings will compress. ROKU $865.3 million, vs. $894.0...

ShortSeller76

Anyone buying Bitcoin is a fool. It has NO INTRINSIC VALUE! Michael Saylor's Microstrategy has gambled billions of borrowed dollars on this garbage which has dwarfed the companies earnings against it's Bitcoin losses. Bitcoin is going to ZERO! It will NEVER EVER EVER replace the US Dollar. The US Government would ban it as contraband first. They allow it's...

ShortSeller76 Updated 

The oil trade has the masses crowding the same trades banks and energy up 26% in 5 weeks. Considering the economic data, the start of a bear market, slowing economy, possible rate hikes and the shift to EV oil got way ahead of itself and I would expect a 12-15% correction in the coming weeks. Some would look at this chart and call a breakout, I think an 8 year...

ShortSeller76

I believe support is at/ around $219 range, the selloff from $323 to $220 is overdone, second lowest RSI in FB history since IPO, negative stochastics/ macD. Company has a 16 PE and over $60 billion in CASH on hand. Good luck! I would expect a bounce to $240-260 if not higher longer term to fill the gaps.

ShortSeller76 Updated 

I am seeing post after post here about buy Facebook, why? What am I missing? Oversold, yes, but not oversold enough!!! Support, where other than FIB 1.6 I see $210-220 possible support if not much lower. It should have sold off further Friday but AMZN's bogus numbers threw the market a lifeline, in addition to market makers manipulating price for options...

ShortSeller76

Yes, the quarter growth was impressive, but on 5.9b in annual sales revenue and a mere $230m in NET INCOME with a $114.3 billion market cap. It will take 495 years of net income to catch up to this market cap. There's no bubbles here, just keep buying!!!! We are in a bear market, accept it or not. This stock is going to have a very difficult time breaking past...

ShortSeller76

CLX reported earnings on Thursday after the close and disappointed on input costs which ultimately means Clorox will be raising prices to adjust their margins. The stock is highly oversold, but not a buy- YET. I will be watching Monday and Tuesday to see if it holds support for a trade.

ShortSeller76

Volume drying up after earnings run, stock appears to be getting tired here and hitting resistance. I am short via puts and have February 25 $570 puts. Good luck! The 50dma appears to be crashing down on to the 200dma, this is a bearish SELL signal if confirmed. Possible head and shoulders in play which could take some time to play out with 513 PE Good luck!

ShortSeller76 Updated 

NFLX held technical support and needs to have at least a dead cat bounce if nothing else with a 9 RSI negative macD and stochastics on the violent drop. We should see at least a 15% bounce from Monday's bottom of $356.04 to $409 -$441 a bounce on Fridays close. We have 2 gaps to fill. Wednesday after the bell it was announced Pershing Square's Bill Ackman...

ShortSeller76

Long TXG 2,000 shares and 51 $110 Feb 18th calls. There has been some interesting call option activity on TXG as of last week 1/25/2022 someone purchased 600 Feb 18, 2022 $110 calls and 600 Feb 18, 2022 $120 calls and paid approximately $400k for these call options for a stock with little option activity I find this intriguing. I believe the EW correction is...

ShortSeller76

Waiting for earnings run to diminish Monday/ Tuesday to see if it can pierce through overhead resistance high $560's, 200dma additional resistance at $588.99 and 50 dma at $607.24. If this level fails $423 is support on a very volatile stock with a 495 PE!!! in an environment of "value" rotation away from PE.