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I am frequent listener to traderintviews.com, this week's interview feature a strategie that differed from most others. The guy is short selling NASDAQ stocks, because many increases in share prices of small and micro caps are just hype.
Timothy Sykes
Maybe he's just trying to promote his book, you decide. |
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Sounds reasonable, nasdaq stocks tend to have more avg volatility. Smaller market caps, lower prices, they would certainly respond to hype with larger moves. Also the smaller less sophisticated players will be in these stocks to a greater degree adding to that. Why not make use of those facts?