Thursday, July 16, 2015
Don't Be So Quick To Short Fads
There is a big difference between a company and its stock. Many times stocks that are extremely overvalued go on short term runs that defy logic, such is the case with many new companies. In the video below I pin point what to look for before you jump the gun and short an over-hyped IPO.
"Frank began his career on Wall Street nearly two decades ago. He worked alongside some of the most respected traders on the street. He quickly realized his true talents were in his ability to interpret market technicals as well as behavior. He was a full-service broker until 2011 when he decided that his no-nonsense approach and expertise was better suited as an independent rather than under the reins of the brokerage business. Since his transition, Frank founded Zor Capital LLC and had successfully managed the portfolios of high net worth individuals. Outside of the cliche cookie cutter approach. His achievements and advice have been featured by CNBC, FOX Business, Yahoo Finance, Benzinga, Wall Street Journal, and CNN Money. Frank is widely regarded as an influential trader in the industry."