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Re: loanranger post# 177

Saturday, 04/02/2016 1:21:14 PM

Saturday, April 02, 2016 1:21:14 PM

Post# of 230
and then there is the possibility of Thestreetsweeper having no choice if forced buyins occurred at the higher prices on the borrowed shares


It would be interesting to know if TheStreetSweeper folks were guided by the courage of their convictions, sitting on their white knuckled hands while this thing went to $14+ (the first article was published in the $3+ range so that seems their likely short sale price)....
....OR whether they took their bet off the table at a substantial loss, which some might think would have been the prudent thing to do.

The fundamentals of their story are compelling but I'm not so sure that I'd want to take that ride. It fell apart yesterday but they would still be in a loss position. Given the history of suspensions like this their short position is likely to pan out eventually, but......