Aug. 20 at 5:03 PM
$FERN About my cross trade...
you want to pick two stocks that have nothing to do with each other, are both way undervalued, and are at or near the same price.
I picked FERN and CYBL.
Right now, my balance is: 14.4 million shares FERN to 4.35 million shares CYBL. So, I shifted 4.35 million to CYBL.
So, I am set up thinking FERN will pop first, even though Cyberlux finally won their court case to release the
$23 million due them. CYBL is a defense contractor and they are being shorted, as insane as that sounds, but they supply communication equipment to troops in the field. I think Russia decided to short them back in 2022 when they sent drones to Ukraine. Russia looks to be collapsing economically, and once the short attack ends, CYBL goes 20x easily. Right now, CYBL is getting shorted hard to compensate for the good news. Thing is, CYBL has filed intentions to use that money to do a buyback. game on. But they still have to file the buyback, so I actually think FERN will pop first.
