You stated you lost 40% on this one. I thought you hedged with puts.
In general, I'm surprised many here are taking such "huge" hits (assuming the pps falls 50%+ when it begins trading again).
This stock did have put protection and most people here are not market newbies. At one time I owned some CCME but then closed my position but I kept my protection as the tides turned these past months.
Anyhow, I'm curious if anyone else used options. Seems prudent for anyone who went into this thing with more then a 10% position.
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