ucsgears
Short

Junk - Runner Short

NASDAQ:DRYS   DRYSHIPS INC
205 12 3
21 days ago
Watch this. This stock will get annihilated in a month from now. $6 will be my target.

Short Squeeze at its best, on a 6M market cap, yes it is violent.

Good Luck, finding shorts inventory.
21 days ago
Comment: Spoken too quick..... Short squeeze is way more violent on this....
Watch for $volume to reduce as the price goes up.....
2use
21 days ago
Youre back!
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ucsgears PRO 2use
21 days ago
@2use, Thanks for noticing. Well, been trading light. Work and travel the summer.... Winter is here, election is over.... Trading should get interesting soon...
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2use ucsgears
21 days ago
@ucsgears, Any interesting takes on markets, gold, and directions?
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ucsgears PRO 2use
21 days ago
@2use, I am a little puzzled seeing the market (IWM) at all time high. This is weird. Although I did take a bet on the VXX (CCS) and Put Diagonal. small position for the election uncertainty Worked out good. There is currently a fear in the currency and gold market. I am holding cash to load up if situation starts to work out... Will update something over this month... After the FED announcements volatility is digested and done.

Sticking with very short term traders until then.
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Algyros PRO
21 days ago
Of course, getting shares of DRYS to short is another matter. But, thanks for the chart and the idea.
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ucsgears PRO Algyros
21 days ago
@Algyros, YW, I am out of shorting these ultra nano stocks for a few years now. But, this is so violent. It's going to be more profitable shorting soon....
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longshot PRO
20 days ago
aaaaaaand with a hundred dollar print we have a winner! lol
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ucsgears PRO longshot
20 days ago
@longshot, Honestly, i expected it not to run beyond $25. When I saw 500k OS, it was obvious this will be violent. When it ran to $50. It was like Trump victory. "Never expected, but happened"
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Algyros PRO ucsgears
19 days ago
@ucsgears, It's up to $115 now.
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ucsgears PRO Algyros
18 days ago
@Algyros, Yes, it was stressful with a day halt.... How does it look now?
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longshot PRO ucsgears
18 days ago
@ucsgears, haha I guess I've never seen anything like it, this was definitely the mother of all short squeezes. Wow, that was some ride (15.0 as I type). But I think your long term target of 6 bucks might be a little high :)
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ucsgears PRO longshot
18 days ago
@longshot, lol... Its conservative target... Who wants to hold a stock for a few $ when it dropped $100
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