social media stocks

I recently talked about the secret I wish everybody knew when it comes to market timing and discussed one of the most valuable Total Wealth tools of all - the Put/Call Ratio.

I also promised you a look at one great trade in particular involving a current social media darling. Today, I'm delivering...

If you've been with me for a while, you already know I don't like social media stocks. They're not hooked into our unstoppable trends (nope, not even Technology). Their products are "nice to have" instead of "need to have." And most of them have no real way to make money.

But that's the thing about tactics.

If you have the right trading tactics, you can squeeze profit out of any stock. Even ones you don't like.

In this case, I think betting on one stock's failure may be far more profitable than betting on its success.

I know that this may seem un-American or somehow unethical, but shorting a stock - that is, betting on its decline - is a killer tactic and can be a fabulously profitable tactic used to build your wealth.

That's a tactic we've talked about, but if you're not familiar with shorting, don't worry. I've got you covered with a special sidebar in a few minutes. So let's get back to the meat and potatoes.