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Wednesday, January 31, 2018 1:30:58 PM
News of earning will leak to them before they are released. In the meantime they can make some $erious money.
I am not making up the shorting #'s they are on Record if they didn't think they could make money they wouldn't be doing it.
Filling/Selling/Covering to you at a lesser price just gives them a slightly larger profit on the spread.
Short at .025 cover at .0215 = .0035
Short at .025 cover at .0205 = .0045
They make more covering at the Lower Price...get it.
A close around .0245 would be a good sign!
I'll get back on the board EOD.
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