Onya mate….I very rarely short “stocks” as I prefer to see them go up, not down. Indices yes…I often short gold or the dollar when opportunity arises.
I thought a perfect storm, gift from god opportunity presented with DTR due to what the Americans were doing. It played out as suspected….fortunately for me, I was able to trade both sides. Sometimes it works, sometimes it doesn’t.
I do believe though - from a longer term view (which is not my trading plan) - should the US Government follow through with their hyperbole’ …..then funding could be thrown at DTR which is absolutely a game changer. FIRSTLY though, it must be determined what is in the ground for that to occur. The conjecture that funding will happen prior is nonesical IMO. Therefore time and patience will be required for the longs. Best of luck buddy….
DTR Price at posting:
9.1¢ Sentiment: None Disclosure: Not Held
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