The dangers of shorting: KBIO was purportedly winding down its operations so it appeared to be a safe short candidate. However, a big player bought up over 50 % of the O/S and now the stock is running from $2.00 to over $20.00. Short holders are being wiped out during pre-market run on the stock. Even if KBIO drops from its pre-market highs during market hours the short holders would have been margined out during pre-market.
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