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Re: sprot post# 16041

Wednesday, 05/18/2016 12:04:53 PM

Wednesday, May 18, 2016 12:04:53 PM

Post# of 38634
I'm happy for you, and you just confirmed that you and some other traders you are in group with, are shorting this stock.
Lokking at the volumes and bid/ask of the last weeks is just retail shorting.

And regarding possible overnight turnaround (in case of big news relased at markets closed): if it happens before your 1.50 target and you are catch on a short position....

...then you are out of business, I don't think as you said you are going to make money if Tomorrow opens at 5.50....you are SHORT, not LONG. That's fine with me, but don't come to say you are making a lot of money if it jumps overnight...please.