AI
Wednesday, October 16, 2024 4:32:18 PM
As I recall, the SP was about $13.35 when my last post was made.
Opening SP after the RS was $6.32.
Potential loss for shorty would have been $7.03 PER SHARE!
At one point, the SP went up to $16.13, which would have been a loss of $9.81 per share, not to mention other fees associated with borrowing.
Today's closing price is $9.85 per share. Shorty still underwater by $3.53 per share.
Shorty's plan isn't working out too well.
Ouch, that's got to hurt!
Opening SP after the RS was $6.32.
Potential loss for shorty would have been $7.03 PER SHARE!
At one point, the SP went up to $16.13, which would have been a loss of $9.81 per share, not to mention other fees associated with borrowing.
Today's closing price is $9.85 per share. Shorty still underwater by $3.53 per share.
Shorty's plan isn't working out too well.
Ouch, that's got to hurt!
Invest in your DD and you can't go wrong.
Be wary of misleading information posted, do your own DD.
