Aug. 19 at 8:42 PM
$NCLH if you look at
$CCL ’s graph, it is very obvious that both are being shorted throughout the week in a manufactured manner. Why? Because 80% of the trades were done by algos. They will automatically short oil sensitive debt heavy stocks upon certain news headlines. Meanwhile some hedge funds may adopt the “long
$RCL short NCL” strategy, so NCLH got shorted as a hedging strategy, not because someone is actively dumping the stock.
$VIK is down 8% today in a straight line. No real human trades with that. This is also because some funds are manipulating it via algos. In fact, VIK is even easier to manipulate than NCLH because the float is low. Even RCL the best of breed was also shorted heavily this week despite no balance sheet problems. It’s just a game. It has nothing to do with fundamentals.
