OCC Trading, page-1257

CLosed out my Tesla shorts today. Can't tell you how many people called me an idiot on investment sites at $400+. Just closed out at low $108's.

Where are the profits going? OCC (and a few others).

Vericel has bounced in the US recently, gave back a little last night, bought some there too this morning. These telling times are buying opportunities in stocks like OCC in my opinion.

As @Hotdog11 realised, I will be there under 40's for those lacking conviction in OCC (even bought a little IMU recently HD). This game is all about value and patience (Tesla's share price fall came far faster than I thought, but I had to curb my urge to short for 2 years - got stung in the Saudi take over B/S).

My posts will show I was calling this US led market fall in late 2021 (inflation was so obviously not transitory in April 2021, but again had to be patient before shorting the US and still went too early). Whilst every man and his dog is now calling a, for soooo long obvious, global recession in 2023, some of us are closing our final 2021 shorts and buying at these far lower levels. Don't shut the gate after the horse has bolted people, these are the buying opportunities in companies like OCC amidst the doom and gloom. And this from a perennial bear (who admittedly has cash to buy from 2021 US and 2022 AU shorting gains).