107: Anthony Saliba – A 40-Year Trading Career Fueled by Necessity—the Mother of Invention
Chat With Traders
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The Short Squeeze Scare of 1984
This was an obvious low in your career. Was there ever another moment comparable to this one? Well, so that was a moment of like loathing and despair. But shortly thereafter, maybe about three years later in 1984, there was an event in the stock that I was trading,. still Teladine at the time, where the CEO announced that they were going to buy back some of their stock. And what happened there was one of the biggest short squeeze scares in the history of the marketplace.
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