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stockmasterflash

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stockmasterflash

Re: ksuave post# 7169

Thursday, 08/10/2017 5:37:24 AM

Thursday, August 10, 2017 5:37:24 AM

Post# of 10363
The borrow rate

was 24% annually. Unless somone were betting it go down immediately, 24% interest is a lot of money to pay to hold a short here.

I was never short, but I would have gone short in a heartbeat, if not for the cost. You lose 2% per month as long as it holds flat. Losses magnify if it goes against you for a while.

I'd never go long here, but at that price, shorting is too expensive. If longs were smart, they'd have loaned out their shares. The rebate nearly covering their losses

#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,

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