While I'm not suggesting it's a good strategy to short continuously, unless you short a hard to borrow stock, the borrowing fee for shorting a stock is typically much lower (as in 0.25% yearly) than the interest you can get on the cash you get to hold after short sell a stock (should be 4.5%-5% with the current fed funds rate).<p>So, other than the transactions fee, shorting a stock that doesn't move is a way to arbitrage the spread between the Fed funds rate (minus 0.5% or so depending on your broker) and the stock borrowing rate.
I wonder if the author meant to pick Akamai (AKAM), not Alkami (ALKT). The latter is an odd choice among the rest of the picks. I suspect they have mixed up the names.
> Should we trade telcos?
> Nope, BGP is a great protocol used in the Internet; it would be so difficult for a single name stock to take down the global Internet.<p>hahaha
hahahahahaha
hahahaha
hahahahahahahahahah<p>this is a joke, right?<p><a href="https://www.kentik.com/blog/a-brief-history-of-the-internets-biggest-bgp-incidents/" rel="nofollow">https://www.kentik.com/blog/a-brief-history-of-the-internets...</a>
There’s a decent amount of “good news overnight” because of time zones.<p>Samsung release earnings with higher than expected phone demand, Apple will drop. Apple releases higher device projections, TMC will rise. Nokia releases new projections, people say “oh yeah, Nokia is a thing”.