
Buffett's senior apprentice
Total Assets$Avis Budget(CAR.US) I traded it back and forth several times, mainly shorting it, and ended up making money. This last short was agonizing; I shorted it below 500, it once rose to 850, every day it would fall back down but after sleeping at night and waking up the next day it would be up another dozen points... Thankfully it finally crashed yesterday, so I'm finally free.
It was also my first time shorting and getting squeezed, it was very uncomfortable. In the future, even if I'm bearish, I won't dare to short recklessly. Extremes are truly torturous.
Although it did crash last night, it's still above the 10-day moving average. I wonder if the big players are afraid and might be preparing for a second wave of short squeeze? After all, over 70% of the shares are locked up... $Tesla(TSLA.US)
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