CaliPharms Inc (KGET)

[Intotheblack]

Just so that everyone knows how this works:

If you go short on a company like KGET, at these prices you need to go big otherwise it's not worth it.

If the company price goes up, it goes up by the 100%'s.. Shorts have a VERY high risk here. Which is why most don't engage in this activity. If they do, it's important to attack the company constantly at this level or resk decimation. If the company declares BK, the short is never forced to cover and profits nicely.

However, in this case, Bo will likely not go quietly, he's done nothing illegal that I can see, just blundered the previous business plan and paid himself handsomely while he did it because well, he's doing all the work.

So as anyone short racks up the maintenance fees all this time their profits deteriorate, and worst case the stock pops, the shorts are forced to cover at a huge loss. All because they got burned on the previous model and think Bo's going to dilute the company into oblivion.

On one hand it seems like a slam dunk to short this into oblivion. Poor CEO performance- terrible financials etc... However on the other, if the company and/or CEO are resilient... shorts face unlimited losses here.

As someone else just pondered what's to gain at .0001, going short, not much, not worth the risk. But Going Long KGET at .0001? Easy potential double IMO.