its 1,500,000 short at .0041 avg stop tenatively at .0083 basically a risk all. im down 1500 on the trade at current
cover buy at .0024 nets me 2400.00
6 grand loss would hardly break me and considering i made 2 grand on the last short my net loss if i take it at .0083 will be closer to only 4 grand.
combine that with a small 500,000 share long position for a hedge against the short and the loss becomes only $2000 if i get stopped out if i decide to let my GTC ride.
if my short hits .0024 i make my 2400 totaling 4400 on 2 shorts plus whatever i scramble out the scrub 500k which wont be much.
the difference between me and most here is as you would put it i see no potential. only words and insinuation followed by 4 PR's delaying any credible news.