10Mo·

Playing with the idea of shorting at the start of the coming trading week $SBUX (+0,85 %) to short.

In my opinion, last week's share price movements were somewhat violent for a change of CEO and even if the company benefits from this, we will only be able to see it in the future, at the earliest with the next figures. I therefore think that the pendulum could swing back a good bit in the course of next week.

What is your opinion on this?

Am I missing something, or is there any relevant information/figures due next week that could have a major impact on the share price?

9 Commentaires

Das Portfoliopferd@Portfoliopferd

10Mo

My opinion: If you think long-term, don't underestimate the power of a CEO.

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Florian@Exxsye

10Mo

@Portfoliopferd I'm already aware of that, but I don't think Starbucks is doomed either 😂

I would let the short run for a maximum of one week, so a small short-term bet...

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Julian J.@Corsainvest

10Mo

I'm rather in two minds about this, but I also think it's more likely to be positive in the long term, although it could be possible in the short term

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Tomaz@portfolio_wizard_612

10Mo

i wouldn't short anything that belongs on the nasdaq for the near future unless its followed by an abnormal growth the day before

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Florian@Exxsye

10Mo

@portfolio_wizard_612 Well then I can do it, take a look at the weekly chart

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Tomaz@portfolio_wizard_612

10Mo

@Exxsye I think its gonna keep going, up but is your choice!

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Matzke@Matzke

10Mo

Would advise against it - Starbucks had its short moments! Now that everything is psychologically better, why short! Look for something with clear signals such as gold long!

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10Mo

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Florian@Exxsye

10Mo

@Benchmarc If I do something like this, then only with smaller 3-digit amounts and a small leverage anyway

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