Archive: short stocks
By Adam Sharp on August 13, 2021
In 2008, I had a big short and put position on mall REITs (real estate investment trusts) and big bank stocks. It worked like a charm at first. My positions were up anywhere from 30% to more than 140%. These companies were leveraged to the hilt. Consumer spending plummeted as home prices collapsed. I was absolutely convinced these companies were all going to zero. So I held on to my puts and my shorts.
By Adam Sharp on February 12, 2021
Market manias sure are intoxicating to watch, aren’t they? Right now almost everybody’s making money in the markets (except bears). All the major indexes are basically at all-time highs. The Nasdaq-100 is up 48% over the past 12 months…