{"id":8902,"date":"2017-03-13T15:02:07","date_gmt":"2017-03-13T15:02:07","guid":{"rendered":"http:\/\/www.t3live.com\/blog\/?p=8902"},"modified":"2017-06-13T21:00:19","modified_gmt":"2017-06-13T21:00:19","slug":"scott-redler-the-key-lesson-from-the-intcmbly-deal","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2017\/03\/13\/scott-redler-the-key-lesson-from-the-intcmbly-deal\/","title":{"rendered":"Shorts Gone Wild! How to Avoid Getting Crushed by Stocks Like MBLY"},"content":{"rendered":"

Mobileye<\/strong> (MBLY) is a name I cover in my Morning Note<\/a><\/strong><\/span> fairly regularly.<\/p>\n

Today, it's up $14+ after getting taken over by Intel<\/strong> (INTC).<\/p>\n

Unfortunately, Citron put out a short report on it a few weeks ago, saying it was going to $35, and I got away from it.<\/p>\n

\"\"<\/p>\n

However, the MBLY action is teaching us a good lesson about shorting stocks<\/a><\/strong><\/span>.<\/p>\n

When a stock is still above the 8\/21 day moving averages in the face of a negative report, then it\u2019s showing strength.<\/p>\n

So even if we're not getting long the stock, there's no way we're shorting it when it's strong.<\/p>\n

\"\"<\/p>\n

If the stock action doesn't confirm bad news, the bad news may not matter.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mobileye (MBLY) is a name I cover in my Morning Note fairly regularly. Today, it’s up $14+ after getting taken over by Intel (INTC). Unfortunately, Citron put out a short report on it a few weeks ago, saying it was going to $35, and I got away from it. However, the MBLY action is teaching us a good lesson about shorting stocks. When a stock is still above the 8\/21 day moving averages in the face of a negative report, then it\u2019s showing strength. So even if we’re not getting long the stock, there’s no way we’re shorting it when it’s strong. If the stock action doesn’t confirm bad news, the bad news may not matter.<\/p>\n","protected":false},"author":2,"featured_media":8502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[563,561,560,562,14],"class_list":["post-8902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scottredlerbio","tag-citron-mbly","tag-citron-research-mobileye","tag-mbly","tag-mobileye","tag-scottredler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/8902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=8902"}],"version-history":[{"count":5,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/8902\/revisions"}],"predecessor-version":[{"id":13280,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/8902\/revisions\/13280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/8502"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=8902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=8902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=8902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}