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| Alias Born | 10/28/2013 |
Sunday, May 25, 2014 1:50:23 PM
I realize this might not work the way I think it does. And I am not very knowledgeable about trading, shorting in particular. But I did get some pretty clear statements from my broker, once pinned down, that this would work. And others have gotten the same impression talking to their brokers. Not everyone, but enough for me to believe it might be how things work.
I think that anybody who runs into a limit on how high they can set the sell price should make a good record of that fact. Maybe just an email to themselves. Maybe better in an online communication with the broker that you (Function Print Screen) and then paste into a word file.
There is more strategy to be debated. We got off-track / were thrown off track.
It might make sense to wait until there is a PR with a significant stock bump before forcing their hands (if this works). Hopefully on Tuesday. Then they have no out without losing $, and might decide to gamble until later to close. And if that move is on Tuesday, then their time limit to close on their positions might be Friday, which could be the worst possible time. I explain what I mean in more detail in my last post.
I think we should debate this, fine tuning the plan. If some people don't want to read these posts, then fine. Maybe we should label the posts on this topic clearly.
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