This is part two of Stephen Johnson's Guide to Short Selling. Enjoy.

You're doomed. So it's nice, it's nice that it gives you a very clear stopout with that scenario that you talk about.

If you're wrong, you're wrong, you move on. But in certain stocks that you don't have that clear stop out, which we'll get to in a moment.

But let's just skip on to the next part of the presentation. We've kind of gone on what are the

dangers. And next, we'll just quickly talk about how can we kind of avoid the dangers. So let me

bring that up one second. Okay, so we've kind of addressed some of what

the dangers are. I think we've been a bit aggie. Actually, and again, I didn't read your

slide deck. Did we talk about being, do you have a slide addressing being bought in?

No, no.

Okay, we need to talk about this because this is very important as well.

You know, people love to look at charts that have, especially those momentum runners that

have spiked and then they fade over multiple days.

I mean, most of these stocks that we're looking at as day traders, as momentum traders,

significant majority of them spike and fail repeatedly.

They spike, they fail.

They spike, they fail.

So a common thing I will see with newer short sellers is they're like, well, I'll just short this. I can hold for days, for weeks. And that works frequently, but quite frequently as well, the danger is you can short this stock. You think I'll hold it for days and hold it for weeks. and you can get what's called a forced buy-in, whether it be because of margin or whether it be because of borrow

availability, your broker may just say, hey, we're taking you out of this short position. You borrowed

these shares from us. They got called in in and we're going to close your position.

So this is a very common danger, especially stubborn shorts, guys and gals that short early

and they think they can hold for days and weeks because they see these chart patterns repeating.

The bummer is, and I've been there more times than I

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