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Re: Dfrntstuf post# 6199

Tuesday, 01/27/2015 4:32:36 PM

Tuesday, January 27, 2015 4:32:36 PM

Post# of 18419
I never said buying puts moves the stock down. Lack of fundamental value moves the stock down. I said I owned puts because Pumpy McPumper there that I was responding to said something to the effect that some kind of "short squeeze" is coming, like what has been said on every iHub board a million times before and maybe happens 5% of the time. I merely corrected him to the point that many people have found it hard to find shares to short and instead are using put options and therefore no squeeze because no one is bidding up shares to close their short position. If you want to use the short squeeze excuse at least find a stock where no put options exist.
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