Joseph Poma: Just went short $LNKD via Put options. Still short the stock? Search analytics paint a negative user picture for this coming quarter.
Feb 7, 8:04 AM
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Brennan Basnicki: No, all my shorts have been short term, with the most recent ones not working out. I don't have options yet in my current trading account
Feb 7, 8:46 AM
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Brennan Basnicki: I would only trade it through options where I could limit my risk. The chart is pretty bullish now so I have mixed feelings anyways
Feb 7, 8:47 AM
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Kasturi: Long $LNKD at 120... do you recommend getting out before the earnings today? or hold on after earnings?
Feb 7, 2:22 PM
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HoldAndBuyInvestor: Kasturi, Please get out of LNKD. They are slowing down and shorts are piling up.
Feb 7, 3:34 PM
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Brennan Basnicki: I honestly can't say either way. I would suggest if you are unsure you close your position
Freedom44: Where do you look to see "shorts" being purchased?
Feb 7, 11:08 PM
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HoldAndBuyInvestor: Short interests ratio you should see from major providers. LNKD indeed did well and I was wrong. If it reaches 150, I will short more.
Feb 7, 11:36 PM
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Kasturi: Thanks for the replies. I did get out before earnings; oh well; there is always the next time
Feb 8, 1:37 PM
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Freedom44: If the % is high, is that an indication that the stock may go lower as people are shorting it?
Feb 8, 1:52 PM
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HoldAndBuyInvestor: More people are betting it will go down. Thats also another reason why it goes up so much as more people cover.