Page 1
Page 1
Started By
Message

ETF consisting of stocks that are heavily shorted - does anyone know the ticker?

Posted on 1/27/21 at 9:26 pm
Posted by tigersint
Lafayette
Member since Nov 2012
3548 posts
Posted on 1/27/21 at 9:26 pm
quote:

A Goldman Sachs Group Inc. basket of the most heavily shorted stocks has surged over 50% in January for it biggest monthly gain since at least 2008


LINK


Does anyone know of ETF containing the most shorted stocks that is updated in real time? Could be a less risky way to get 50+ % gains this month and avoid a single bubble if this Reddit short squeeze contest lasts a bit longer.
This post was edited on 1/27/21 at 9:27 pm
Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 1/27/21 at 9:29 pm to
LOL oh boy.
Posted by MrJimBeam
Member since Apr 2009
12306 posts
Posted on 1/27/21 at 9:30 pm to
quote:

less risky


Posted by TheChosenOne
Member since Dec 2005
18519 posts
Posted on 1/27/21 at 9:31 pm to
frick Goldman Sachs
Posted by MaxDraft
Baton Rouge
Member since Aug 2019
558 posts
Posted on 1/27/21 at 9:33 pm to
(no message)
This post was edited on 1/27/21 at 9:40 pm
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 1/27/21 at 9:33 pm to
MEME
Posted by tigersint
Lafayette
Member since Nov 2012
3548 posts
Posted on 1/27/21 at 9:35 pm to
The one referenced in the article rose 50%.

I get it that it’s probably not wise to bet on these “loosing” companies and its kind of counter intuitive to buy into an ETF that has 10 losers and 1 winner. But tbh rite now crazy crazy things are happening. GameStop alone probably carried that particular etf to 50% gains. I have no idea of the ticker or the number of companies in the etf, but I feel that if you can invest into something with about 5-10 of these then likely the next GME will be in it and for the short term it will go up.

No idea about hitting on a single GME. That would obviously be big to hit the next bubble at the bottom and pull out before it pops but highly unlikely.

Just a thought, and maybe the logic is terrible l, but according to the article that mentioned etf was up 50% recently
This post was edited on 1/27/21 at 9:37 pm
Posted by Centinel
Idaho
Member since Sep 2016
43337 posts
Posted on 1/27/21 at 9:36 pm to
PNIS is the ticker you're looking for.

Posted by LChama
Member since May 2020
1651 posts
Posted on 1/27/21 at 9:39 pm to
.
This post was edited on 1/28/21 at 4:23 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 1/27/21 at 9:41 pm to
quote:

An ETF can go bankrupt or down for no reason. Very risky


Huh? What are you talking about?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/27/21 at 9:43 pm to
Some of us are autistic and others, like OP, have down syndrome
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/27/21 at 9:43 pm to
quote:

An ETF can go bankrupt or down for no reason. Very risky


Do you understand what you’re saying here?
Posted by MrJimBeam
Member since Apr 2009
12306 posts
Posted on 1/27/21 at 9:44 pm to
quote:


An ETF can go bankrupt or down for no reason. Very risky



Back to the padded walls and helmets for you
Posted by LChama
Member since May 2020
1651 posts
Posted on 1/27/21 at 9:49 pm to
Can ETFs go bankrupt. LINK[link=


ETF Zero. (https://finance.yahoo.com/news/etf-zero-053000211.html" target="_blank" rel="nofollow noreferrer">LINK


Look at JDST.. granted its an inverse performance ETF but it basically went to zero then there was a reverse split so it doesnt appear to have done that but there was and remains risk of this and others to repeat. Also Their price does not correlate exactly.

This post was edited on 1/27/21 at 10:01 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 1/27/21 at 9:52 pm to
quote:

tigersint


Wait, so you're looking for a basket of stocks to invest in that are highly likely to go down and/or bankrupt?



This post was edited on 1/27/21 at 9:53 pm
Posted by Centinel
Idaho
Member since Sep 2016
43337 posts
Posted on 1/27/21 at 9:52 pm to
quote:

An ETF can go bankrupt or down for no reason. Very risky


That's why you invest in PNIS. Low gain, hard reward.

Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 1/27/21 at 9:54 pm to
quote:

That's why you invest in PNIS. Low gain, hard reward.


It can go up or down, though, sometimes for no reason whatsoever. That's why it's always a good idea to be long PNIS.
This post was edited on 1/27/21 at 9:54 pm
Posted by tigersint
Lafayette
Member since Nov 2012
3548 posts
Posted on 1/27/21 at 10:56 pm to
quote:

Wait, so you're looking for a basket of stocks to invest in that are highly likely to go down and/or bankrupt?



Ok maybe an over the counter ETF is not the best example for what im trying to say, but i think rite now would be the time to essentially “make your own etf” consisting of 3-4 of these hyped up Reddit stocks. (Basically buy a bit of each rather than going all in on GME)

I certainly think that if you right now put $100 each into GME, AMC, PENNYs, BB, etc that are all seeing 100% daily gains that you would be better off than just throwing $500 into a single one and trying to time the GME bubble.


Probably a stupid idea but Im really just curious what ETF was referenced in the article that gained 50%. I want to look into it to see what it consists of and how it gained 50% to get a better grasp of whats really going on with these “Reddit stocks”
This post was edited on 1/27/21 at 10:59 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram