The shares have risen by 20% since my short, but the sum total of my loss has been negligible.
In these highlights from his trading diary in the past week, Doug Kass writes about GDP data and traders vs. investors.
My current fair market value is approximately 1650.
In these highlights from his trading diary this week, Doug Kass writes about WhatsApp and Tesla.
Major secular industry changes are exposing weaknesses in IBM and Coca-Cola.
After weighing the risk, Doug Kass shorted Tesla this morning.
In these highlights from his trading diary this week, Doug Kass writes about the foundering global economic recovery.
I view the capital markets as generally unattractive.
The recent strength in the company's shares suggests that he's wise to something.