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Trustbaby

12/17/19 6:30 PM

#27254 RE: georgebailey #27252

George, wouldn't they have to drive it down to $5 to exercise those puts? Or am I missing something?

Trickshot

12/17/19 8:12 PM

#27257 RE: georgebailey #27252

If taking a loss on a short position has the same tax benefits as taking a loss on a long position, I would think we'd see some of that action the rest of December and some upward price action due to that. That current high borrowing cost would also be a motivating factor.