InvestorsHub Logo

SeriousMoney

08/23/05 2:13 PM

#1010 RE: GrandCayman #1009

GC: You've been warned... googolplex risk! A stock that goes down from .31 to .05 (~6 times move) nets a short .25 per share. But when that .31 stock goes to 1.00 (~3 times move), a short looses .70 per share, almost triple the loss for a 50% less move (3/6). And as it goes to $2, $3, and beyond, a short is devastated. Now who on this board would want that to happen to a person like you?

Cover now at these firesale prices... or not!