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sabaidii2

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sabaidii2

Re: The Other Guy post# 3879

Wednesday, 08/24/2016 5:31:46 PM

Wednesday, August 24, 2016 5:31:46 PM

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"Short Interest as of 8/15 dropped another 9,000 to 92,343. ... Nothing to write home about. Need some news Dr. C!"

While it's true that shorting RXI has been a license to mint money (for literally years), all it takes is for one good piece of news and those investors could be squeezed out of existence. Same idea as selling naked options: great while it lasts, but every so often you get your head handed to you.
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