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Re: conix post# 15154

Saturday, 08/04/2018 12:24:01 PM

Saturday, August 04, 2018 12:24:01 PM

Post# of 86699
I don’t think the majority of the shorts got in at 380. I think they have been short for a while. And we’re just about to be in the positive when it was getting closer to 250. That’s why the message board exploded with ppl that have now vanished. They were close and needed some leverage. I agree that this needs to continue to rise for the shorts coffin to get nailed down. Hopefully when it hits 400. What kind of taxes are these guys paying on this kind of trade? 20% plus short term buy and sell? Short term gain 30% tax? Pay 30% on a mb 50 dollar gain on a 350$ share? Seems silly to me ;)
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