Grifco Inc (GFCI)

[Dr Bill]

639hgr

Apologies I sometimes forget the level of sophistication on these pinky stock board.

Any textbook in finance will clearly explain that the maximum gain on any short position is 100%.

It's the gain compared to the original share price. Not the covering amount. The opposite side of the coin, if the stock takes off and you don't cover is shown in the first derivative of the yield curve for a short position, as delta N goes to infinty so do the losses....to infinity