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Re: Knowledge is King post# 20885

Wednesday, 05/18/2016 9:26:49 AM

Wednesday, May 18, 2016 9:26:49 AM

Post# of 114169
MGT I've traded it successfully a couple of times on the long side, but that was back when it was below $1. I figured McAfee's involvement could cause a $100m market cap just on his name. It's moved way further than I would have guessed. Yesterday, StreetSweeper said on their twitter feed that they have a report coming. That caused it to drop from $5 to $4. It's back up this morning, but for my blood it's too dangerous to play either long or short. Been burning shorts for days, even though it's almost certain to collapse at some point. But does it collapse from $5 or from $25? From the long side, I can't justify taking the risk.

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