Why
Why would anyone short a 2 dollar stock? Where is the risk/reward, your gain is capped at 2 dollars while you always run the risk of that surprize announcement or someone coming in and making a takeout bid. Seems there are many other stocks to short that give you a much better risk/reward. What am I missing?
I have been an investor since 98 and I am as frustrated as anyone here. I can certainlu understand those who have thrown in the towel, the investment will becomes weary over this marathon. I would love to see the stock move sevral points up from here, would sure help pay those college expenses for my kids.. On the other hand it will be a 10 year investment next year and it is getting real old. Part of me hopes this will come to some conclusion one way or the other, go under so I can take my tax loss which may be more valuable than my current investment value or maybe a take out so I can focus my investment attention/risk capital elsewhere.
I actually see the increase in the basher barometer as a bullish single.
Wave needs to folow UPOD, not OPUD. If UPOD can't be folloewd just don;t speak to the press.