The shorts, who are so brilliant, articulated, extremely brave, and "truly" understand the fraud within the system. Many times their shorts may take years to "play out, transpire, go to zero". One thing is super clear, these are specialists within their field. They have access to instruments which many of us do not or can not trade. Attending specialized conference's, researching on our own, or watch real vision, to find "your" short/long opportunities. The short players are the equilibrium within the system. Another brilliant trade.
The mortgage fraud has been going on since time itself even at all the big 5 banks. Same can be said with the TSX and the Venture exchange. All the books are cooked. No one gets charges unless an American blows the whistle on a Canadian company like the Conrad Black story.
The idiot Cohodes, which I called a fraud from the beginning, admits now he closed his position in 2015.. he lost money and now suing the company lololol
I would love to see how one of these guys goes through the research and how they think through the analysis of a trade like this. A conversation is one thing, a slideshow with the numbers is another.
Simple you go through thousands of companies while looking at future trends and buy the companies with all the positives and short the companies with all the negatives. Of course right now you'd be looking at shorting companies with the worldwide stock markets the most overvalued in history. One huge mistake Marc makes is only shorting companies that trade in large daily volumes. Throughout the decades I've always noticed the best short sales are companies with anemic volumes. Marc lacks self-conviction in his own judgements therefore he heads for the exit at the first sign of trouble. That's why he targets companies with large trading volumes. Case in point and I gave Marc this one on Twitter. Canlan Ice Sports up in Canada on the TSX. Anemic volume but one of the best short sales under the sun. Presently most people are shorting the pure advertising stocks.
In the end we talk rigging and the feeling of being artificially made wrong is what most of us feel. Shorting stocks is too expensive as time brings option losses. To be right and to get right was never more different than today - so buy PM and sit the criminal times out. But I LOVED to listen!
"short a ton of this" If you're short from the $50s--stock goes to single digits ($6), wouldn't you cover entire position[or very close to]? otherwise you risk a Buffet like chess match for the remaining 6$..I'm bo expert short seller, just seems like marc is more concerned about putting this co. in bankruptcy than covering short position and moving on
Surely there's not much farther to fall from $6? Why would you hang on unless you were trying to make a point instead of make money? Btw idk anything about this shit, just spent all night watching random RUclips clips, lel.
Simple you go through thousands of companies while looking at future trends and buy the companies with all the positives and short the companies with all the negatives. Of course right now you'd be looking at shorting companies with the worldwide stock markets the most overvalued in history. One huge mistake Marc makes is only shorting companies that trade in large daily volumes. Throughout the decades I've always noticed the best short sales are companies with anemic volumes. Marc lacks self-conviction in his own judgements therefore he heads for the exit at the first sign of trouble. That's why he targets companies with large trading volumes. Case in point and I gave Marc this one on Twitter. Canlan Ice Sports up in Canada on the TSX. Anemic volume but one of the best short sales under the sun. Presently most people are shorting the pure advertising stocks.
They can't originate loans to save their life...you decide if they are a going concern as a "bank". Some other business model, but no longer a sub-prime lender.
all you did was cost shareholders billions of dollars. bnn shouldnt have given you time on their shows. fraud was at the brokerage level, not the company level.
this fool keeps saying "the story hasnt played out" as he loses his gains from the stock rebounds. does he fail to realize the story is playing out??? as hes short you need to cover at an appropriate time so the positive headlines dont erase your gains. thats the crucial part of the story this guy cant seem to understand. there are good and bads to any story, you must manuever professionally around both ends.
Mac Cohodes is so disingenuous. In this interview he puts on a show of being reasonable and insightful. In reality he stoops to all the dirty tricks short sellers are infamous for. He spreads FUD and makes false statements about the companies he has a vested interest in failing in order to manipulate the share price lower. For all his talk about exposing frauds, he needs to take a good look in the mirror.
The shorts, who are so brilliant, articulated, extremely brave, and "truly" understand the fraud within the system. Many times their shorts may take years to "play out, transpire, go to zero". One thing is super clear, these are specialists within their field. They have access to instruments which many of us do not or can not trade. Attending specialized conference's, researching on our own, or watch real vision, to find "your" short/long opportunities. The short players are the equilibrium within the system. Another brilliant trade.
The mortgage fraud has been going on since time itself even at all the big 5 banks. Same can be said with the TSX and the Venture exchange. All the books are cooked. No one gets charges unless an American blows the whistle on a Canadian company like the Conrad Black story.
The idiot Cohodes, which I called a fraud from the beginning, admits now he closed his position in 2015.. he lost money and now suing the company lololol
I would love to see how one of these guys goes through the research and how they think through the analysis of a trade like this. A conversation is one thing, a slideshow with the numbers is another.
Simple you go through thousands of companies while looking at future trends and buy the companies with all the positives and short the companies with all the negatives. Of course right now you'd be looking at shorting companies with the worldwide stock markets the most overvalued in history. One huge mistake Marc makes is only shorting companies that trade in large daily volumes. Throughout the decades I've always noticed the best short sales are companies with anemic volumes. Marc lacks self-conviction in his own judgements therefore he heads for the exit at the first sign of trouble. That's why he targets companies with large trading volumes. Case in point and I gave Marc this one on Twitter. Canlan Ice Sports up in Canada on the TSX. Anemic volume but one of the best short sales under the sun. Presently most people are shorting the pure advertising stocks.
In the end we talk rigging and the feeling of being artificially made wrong is what most of us feel. Shorting stocks is too expensive as time brings option losses. To be right and to get right was never more different than today - so buy PM and sit the criminal times out. But I LOVED to listen!
"short a ton of this"
If you're short from the $50s--stock goes to single digits ($6), wouldn't you cover entire position[or very close to]? otherwise you risk a Buffet like chess match for the remaining 6$..I'm bo expert short seller, just seems like marc is more concerned about putting this co. in bankruptcy than covering short position and moving on
Surely there's not much farther to fall from $6? Why would you hang on unless you were trying to make a point instead of make money? Btw idk anything about this shit, just spent all night watching random RUclips clips, lel.
why would you cover when you are convinced it goes to 0?
Badpak because the risk/reward is no longer in your favor. Emotion has no place in the market.
I don't know anything about all this, but according to Yahoo Finance, it's tripled almost over the intervening 5 years. $11 to $32.
Simple you go through thousands of companies while looking at future trends and buy the companies with all the positives and short the companies with all the negatives. Of course right now you'd be looking at shorting companies with the worldwide stock markets the most overvalued in history. One huge mistake Marc makes is only shorting companies that trade in large daily volumes. Throughout the decades I've always noticed the best short sales are companies with anemic volumes. Marc lacks self-conviction in his own judgements therefore he heads for the exit at the first sign of trouble. That's why he targets companies with large trading volumes. Case in point and I gave Marc this one on Twitter. Canlan Ice Sports up in Canada on the TSX. Anemic volume but one of the best short sales under the sun. Presently most people are shorting the pure advertising stocks.
Is Home Capital actually going down??
They can't originate loans to save their life...you decide if they are a going concern as a "bank". Some other business model, but no longer a sub-prime lender.
Scott Scouter - ok thanx for the heads up.
all you did was cost shareholders billions of dollars. bnn shouldnt have given you time on their shows. fraud was at the brokerage level, not the company level.
It really is criminal in nature... banking in 2018.
Buffet did it so that he can later be permitted to takeover CN or CP and merge it into Berkshire.
i love steve eisman too...
interesting guy. good insight
this fool keeps saying "the story hasnt played out" as he loses his gains from the stock rebounds. does he fail to realize the story is playing out??? as hes short you need to cover at an appropriate time so the positive headlines dont erase your gains. thats the crucial part of the story this guy cant seem to understand. there are good and bads to any story, you must manuever professionally around both ends.
JackJackKcajify: He said he did cover a certain amount when it hit the stock hit the teens.
Mark Cohones
Home is going to 0.
Mac Cohodes is so disingenuous. In this interview he puts on a show of being reasonable and insightful. In reality he stoops to all the dirty tricks short sellers are infamous for. He spreads FUD and makes false statements about the companies he has a vested interest in failing in order to manipulate the share price lower. For all his talk about exposing frauds, he needs to take a good look in the mirror.
Interesting comment from 4yrs ago...
It is biblical in nature, the world economy... robbing Peter to pay Paul.
This guy is a career market manipulator and short and distorter!
Wow this Marc Cahodes aged terribly. Just saw a video from 2022 and he looks 20 years older now.