Sep. 12 at 9:01 PM
$SRPT Everyone is chasing shining objects atm. Not realizing that for most of the names, their top ticking it. Just be careful about what might seem like easy money, but hey, if you see an opportunity, go for it. However, like Vegas, Wall Street has been built on the backs of many such traders under the illusion of such certainty. That's why quant funds are the talk of the town, because they prey on volatility that such an environment creates.
No big name is really shorting it down here. They left already at 10. It's just late shorts and disgruntled new longs playing a game of thinking they are right on price action in the coming days. Anyone managing money would only slowly be building a position down here because it's the most logical thing to do. Investing doesn't have to be complicated. Pick the best bets and adjust the size of the risk/return ratio. Markets are efficient, and if the price-to-value ratio gets out of line, the reflexivity is more violent. Adding more. GTLA
