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BeamMeUpScotty

08/08/23 6:35 PM

#3323 RE: DRHUMI #3312

Wow so my theories were correct. If the rise is sustained and substantial enough we will see shorts accounts getting wiped out completely because their brokers will close out the trade slap them with huge losses, give them a margin call then withhold the proceeds of any outstanding debt incurred from the uncovered short sale.

I can actually see that happening here!
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Romiman

08/08/23 7:02 PM

#3334 RE: DRHUMI #3312

Just do puts, that limits your losses. Although I wouldn’t recommend it on this one.