I covered my shorts from last week today ... I shorted at 1.82 or 9.10 split adjusted and covered today at $2.52...$$
Having checked my trades from both Fidelity and Interactive Brokers I have shorted this stock 17 times since February of this year and made an average of 52% per short... None of the shorts have lost money with the lowest profit being 26% and the highest being 76%
I have no intention of stopping shorting this cash register until Kalani quits selling shares because until dilution is over the only way the PPS can go is down... Will probably get an opportunity to get short again next week as I expect Kalani to slow dilution and let the PPS pop up again at some point early next week...
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.