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re: 9:03 AM

Posted on 2/28/20 at 9:05 am to
Posted by Centinel
Idaho
Member since Sep 2016
43405 posts
Posted on 2/28/20 at 9:05 am to
Using the media to drive panic over Coronavirus to drive selloffs to make a killing by swooping in for the cheap buys.

ETA: Oh, and the short sellers are having a massive circle jerk right now too.

This post was edited on 2/28/20 at 9:06 am
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51885 posts
Posted on 2/28/20 at 9:28 am to
quote:

ETA: Oh, and the short sellers are having a massive circle jerk right now too.


A co-worker is up around $1,200 today from shorting the shite out of stuff yesterday.

If no big fear-hype stories come out over the weekend I fully expect to see a small rebound as investors dip their toes in to check the temperature and then a fricking frenzy of buying on Tuesday. However, if we see a spike in the death toll or the Pope dies over the weekend (or maybe even if it's just confirmed he has COVID-19), expect more shorting opportunities next week.
Posted by DougsMugs
Georgia
Member since Aug 2019
8239 posts
Posted on 2/28/20 at 9:32 am to
I hope my fund managers have been selling and sitting on the cash and will know when to pop back in.
Posted by Megasaurus
Member since Dec 2017
783 posts
Posted on 2/28/20 at 10:29 am to
quote:

panic over Coronavirus to drive selloffs to make a killing by swooping in for the cheap buys.


^^^THIS^^^


This post was edited on 2/28/20 at 10:31 am
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