{"id":44358,"date":"2016-09-24T08:58:59","date_gmt":"2016-09-24T12:58:59","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=44358"},"modified":"2023-06-13T09:40:44","modified_gmt":"2023-06-13T13:40:44","slug":"how-goldman-sachs-jpm-morgan-created-a-good-short-opportunity-in-srpt","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/how-goldman-sachs-jpm-morgan-created-a-good-short-opportunity-in-srpt","title":{"rendered":"Decoding Short Opportunities: How Goldman Sachs &#038; JPM Morgan Created Profitable Moves in $SRPT"},"content":{"rendered":"<p>Our #1 trading idea for Friday was SRPT.\u00a0It sold $300 million of shares in a secondary offering via Goldman Sachs and JP Morgan.\u00a0Normally, biotech secondaries are\u00a0excellent\u00a0long set ups. The prior week I had been\u00a0long AERI following its secondary offering and it traded 30%+ higher in a few days. But this time was different. I\u00a0discussed why SRPT\u00a0was likely a good short trade candidate.<\/p>\n<p>Why was this time different? Watch our AM Meeting below.<\/p>\n<p>Below how SRPT traded Friday\u00a0after the market opened&#8230;<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/09\/srpt-secondary.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-44360\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/09\/srpt-secondary.png\" alt=\"srpt-secondary\" width=\"568\" height=\"331\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/09\/srpt-secondary.png 747w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/09\/srpt-secondary-300x175.png 300w\" sizes=\"auto, (max-width: 568px) 100vw, 568px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/twitter.com\/sspencer_smb\"><img decoding=\"async\" src=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" alt=\"\" \/><\/a><\/p>\n<p>Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, and options. He has traded professionally for 20 years. His email address is: sspencer@smbcap.com.<\/p>\n<p>Steven Spencer is currently\u00a0short SRPT<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our #1 trading idea for Friday was SRPT.\u00a0It sold $300 million of shares in a secondary offering via Goldman Sachs and JP Morgan.\u00a0Normally, biotech secondaries are\u00a0excellent\u00a0long set ups. The prior week I had been\u00a0long AERI following its secondary offering and it traded 30%+ higher in a few days. But this time was different. I\u00a0discussed why SRPT\u00a0was likely a good short &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/how-goldman-sachs-jpm-morgan-created-a-good-short-opportunity-in-srpt\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":143,"featured_media":44360,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,8,453,1373],"tags":[2823,4685],"class_list":["post-44358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","category-steven_spencer_steves_blogs","category-trading_ideas","category-trading-lesson","tag-srpt","tag-trading-lesson"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goldman Sachs &amp; JPMorgan&#039;s Short Opportunity in SRPT | SMB Training<\/title>\n<meta name=\"description\" content=\"Understand how major banks created a short opportunity in a stock and learn from it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/how-goldman-sachs-jpm-morgan-created-a-good-short-opportunity-in-srpt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Goldman Sachs &amp; 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