Red Cat Holdings Inc (RCAT)

[nickmerck]

I'm not short, I covered at $2.50 (I announced this trade and my exit way back). Currently I don't have any position as a $2 stock is just not that interesting to short even when it goes to zero (not if).

I do have open sell orders at $4.00 and $4.50. And I will close them once again at $2.50 and $2.00 respectively. Those trades usually take a month. Unfortunately not even the last PR, which was pretty well done despite being borderline lies, didn't do much more than a short bump to $3.

Why don't I short any other company? Because I know everything there is to know about this one. It's obviously an exit-vehicle for the founders. The people involved have pulled this before, several times. So, it's easy money. $10-15k per trade, almost guaranteed, with very limited upside risk, because you know that eventually it will go to zero.

And before you ask, why am I posting about it here and not just reeking in the profits? As I have posted before, there is additional joy in telling people what is going to happen, them refusing to believe you, and then exactly that happening. Consider it the proverbial cherry on top.