Five Short Ideas for the Committed Environmentalist [View article]
Sounds like someone is long F and GM.
BSC was not able to fail because of the potential ripple effect it would have on the financial industry as a whole. It was also an excellent short and the fact that it didn't go flatout bankrupt doesn't change that.
Auto manufacturers are not privy to the same immunity. In the case of US auto manufacturers, they consistently lose money and absolutely can fail. It would be "downright imprudent" to buy these companies at any price. F is in the midst of an overextended bounce. Choose a timeframe and load up on some cheap puts.
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Sounds like someone is long F and GM.
Apr 21 14:41 pm
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All Comments by User 149255 »Five Short Ideas for the Committed Environmentalist [View article]
BSC was not able to fail because of the potential ripple effect it would have on the financial industry as a whole. It was also an excellent short and the fact that it didn't go flatout bankrupt doesn't change that.
Auto manufacturers are not privy to the same immunity. In the case of US auto manufacturers, they consistently lose money and absolutely can fail. It would be "downright imprudent" to buy these companies at any price. F is in the midst of an overextended bounce. Choose a timeframe and load up on some cheap puts.