Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

lapfog_1

(31,155 posts)
2. is possible
Thu May 29, 2025, 03:08 AM
May 29

but a lot of short sellers were already forced to buy ( and lose a lot of money ) by the announcement Monday on the suspension of EU tariff increase for 30 days.

However, I still expect a big bounce in the morning. I will be up at 6:30 my time to see how much.

When the tariff war started on "liberation day" I sold my shares of XXX company at 130 ( down from a high of 145 )... after a few rounds of tariff and TACO, I bought back in at 98... after market last night it was back to 140ish. I hope to see early morning trades at 150+, which would be a big move. If so, I will likely sell some, depending. That will make for a nice short term cap gain on the shares I bought at 98. Of course I will owe a lot of taxes on the gain... but I'll have a nice return on Donald being both a TACO and an idiot. Won't make up for what DOGE did to everyone, but I can send more money to my favorite pet rescue charities.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Will the courts ruling on...»Reply #2