* Covered the high-tech short basket put on Monday and covered half of my SpaceX short in the early hours with S&P futures -118 handles and Nasdaq futures -86
Dougie Kass
Covering part of my high tech short basket at 420am – including but not restricted to:
DRAM $70.26 (-$11)
SNDK $2051 (-$223)
MU $1099 (-$111)
Dougie Kass
At 439 AM , with S and P futures -118 handles and Nasdaq futures -860 handles I am out of my high tech basket short (including SNDK, MU and DRAM (ABOVE)
Dougie Kass
At 1045PM covered half of my SPCX short at $153.85 (shorted last week at $213)
Dougie Kass
At 1040PM covered a portion of my DRAM short rental at $75.97 for a quick profit.
From earlier:
DRAM Short
I have taken a small trading short rental in DRAM at $80.27.
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box."
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