topic Re: Capital one executive office shorting COF and makeing ton of money. in Personal Finance

Capital one executive office shorting COF and makeing ton of money.

firefox100 — Fri, 10 Apr 2020 22:08:21 GMT

Last year I posted that I had shorted one thousand shares of Cof @ $90.35 and sold Calls on COF back in June. Last week I closed out my positions in COF and made over 80K, I wish that it did not take Covid 19 to crash CoF. Cof is sub prime lender and treats it customers like crap. You can have Quicksilver mastercard with them for over 15 years and never missing a payment and you still can't get line increase. Capital one has gone down more then other credit card co's. Thay are going to get hit hard with customers with bad credit when all the charge off's come and the good customers go elsewher when country comes back to life, the competition is havy for the good credit customers.You can't win in the long run if you treat your customers like crap. Don't feel bad if you don't get cli's from capital one thay are getting hurt more.e

Re: Capital one executive office shorting COF and makeing ton of money.

Anonymous — Sat, 11 Apr 2020 00:33:33 GMT

There are lenders other than cap 1 that you can use. There is plenty of competition where they cannot bully cardholders. They have more leverage over those who[ have less than perfect credit. Serving the public with less than what they desire will cost them. Markets are efficient and usually correct bad behavior.

Re: Capital one executive office shorting COF and makeing ton of money.

SFLSpotter9210 — Sat, 11 Apr 2020 00:42:22 GMT

Way to go with your trades. I made a few trades in the travel sector these last few weeks. Didn't do quite nearly as well as you but I made a few bucks. I really don't use my Capital One card much anymore since my credit has changed significantly. They show me anymore love for like the past 12-16 months. So it's sock drawered now. I have prequels for their other cards but not interested in a triple hit.