Okay, I was a little bored. This is the theme song of my short selling today. To the tune of “Catch a Falling Star.”
Short a falling stock and put it in your pocket
Hopefully it will fade away.
Short a falling stock and put it in your pocket
You can buy to cover some day.
For the market may crash and wipe out all the bulls,
Some bloody day!
Just in case you want to profit,
You’ll have made money on the short side!
Short a falling stock and put it in your pocket
Hopefully it will fade away.
Short a falling stock and put it in your pocket
You can buy to cover some day.
For when the Dow and Nasdaq are fallin’,
An’ that’ll come some way!
Life will feel a whole lot better,
If you were shorting stocks that day!
Short a falling stock and put it in your pocket
Hopefully it will fade away.
Short a falling stock and put it in your pocket
You can buy to cover some day.
original lyrics:Catch a falling star an’ put it in your pocket,
Never let it fade away!
Catch a falling star an’ put it in your pocket,
Save it for a rainy day!For love may come an’ tap you on the shoulder,
Some star-less night!
Just in case you feel you wanna’ hold her,
You’ll have a pocketful of starlight!
Catch a falling star an’ ( Catch a falling . . . ) put it in your pocket,
Never let it fade away! ( Never let it fade away! )
Catch a falling star an’ ( Catch a falling . . . ) put it in your pocket,
Save it for a rainy day! ( Save it for a rainy day! )
For love may come and tap you on the shoulder,
Some star-less night!
An’ just in case you feel you wanta’ hold her,
You’ll have a pocketful of starlight!
( . . . pocketful of starlight! ) [ hum in time ]
Catch a falling star an’ ( Catch a falling . . . ) put it in your pocket,
Never let it fade away! ( Never let it fade away! )
Catch a falling star an’ ( Catch a falling . . . ) put it in your pocket,
Save it for a rainy day! ( Save it for a rainy . . . Save it for a rainy, rainy rainy day! )
For when your troubles startn’ multiplyin’,
An’ they just might!
It’s easy to forget them without tryin’,
With just a pocketful of starlight!
Catch a falling star an’ ( Catch a falling . . . ) put it in your pocket,
Never let it fade away! ( Never let it fade away! )
Catch a falling star an’ put it in your pocket,
Save it for a rainy day!
( Save it for rainy day! ) Save it for a rainy day!
Sung by Perry Como (see him on Youtube here)
Music and Lyrics by Lee Pockriss and Paul Vance
Nasdaq may fall badly “someday” but you are forgetting the time value of money. If that day is in 10 years before you can cover your short you may have been better buying some other investment.
I guess I should mention that this post was not very serious . . . I’ve had this song in my mind for awhile and just thought it would be appropriate to post it today. Shorting is a dangerous game and I know people who have been wiped out by it. One of the dumbest things to do in the market (outside of listening to Jim Cramer) is to go net short (I’m always way net long).
Most people who try shorting (like stock options) lose money! I do not recommend this!
On another note, for shorting there is generally no time value of money–if you short a stock that pays no dividends and it does not go up in price, you do not pay any money–the proceeds of the sale sit and earn interest for you or your brokerage. Only if the stock goes up will you have to put money into the trade and lose the time value of money.
Oh, and thanks for writing my first comment!