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Sumdude

02/13/14 2:33 PM

#27977 RE: Kostas1 #27416

no.. i didnt.. you gotta be real careful shorting stock like this so i have very strict rules set with stops etc. it went at the same time my short covered, so in effect i covered a 3rd of my position with my own shares.

make sense? its hedge bet.(insurance)

i made 2 grand on the last short prior to this one, so my 6k entry on this short ended up being a 4 k loss..

minus the 500k hedge bet almost got me out at even.. but i dont look at it that way.