Timothy Sykes
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I bought 10,000 shares and I sold it the following Monday at around $29 a share.
I bought 10 at 17, sold it at roughly 29, and it went to 49 the next day.
That's the kind of crazy volatility.
Not so much now, but there still are stocks.
AQXP, I was giving a...
training session.
I teach now.
Last summer in Madrid and the stock went from two to 55 in two days.
So you have this kind of massive craziness in my niche.
I think they went out of business.
Well, look at AQXP.
Look at a two-year chart of that.
And it went from two to 55.
I think it's back down to like 10 or something.
Human emotion, greed, hype, momentum, and mainly a short squeeze.
So, you know, I'm primarily a short seller.
I like to bet against companies because, again, they mostly fail.
But every now and then, if you bet even against the scam and it keeps going higher, you have to cover your shorts for a loss.
And when you cover your shorts, you buy it.
And if all the shorts are covering at the same time, it's a short squeeze.