Thanks man, there's no doubting the ugliness of late. Picked up some more today in the 4s, this selling today stunk of fear and I've mostly been successful buying panic. We'll see though, they need a solid Q2 and a lights out Q3.
The general thesis of people looking for cheap insurance is still intact and now that their brokers are limited to STM only until November I'm confident that they'll turn it around over the next 6 months. Short interest has been high for a while so that doesn't bother me, it's all about execution at this point.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.