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Re: fitzwell11 post# 25578

Thursday, 05/07/2020 5:45:33 PM

Thursday, May 07, 2020 5:45:33 PM

Post# of 90057
I closed my short out today at a loss unfortunately. Obviously the company is not worth it’s valuation, and obviously this company will not do well during a pandemic, but I’m just getting increasingly worried that the market makers have the power to force the biggest short squeeze since Volkswagen, being that the short interest is so high. Can’t stand the torture. I put that money in Bitcoin (GBTC) instead, and made some of my losses back so far.

Longs in this stock are beyond incompetent IMO. Too many 20-somethings that don’t understand how to read a Q or K IMO. The company is a great company, I’ll admit, just does not deserve this valuation, and especially doesn’t deserve this valuation at a time like this. They will lose a lot of money in Q2 without a doubt.
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