GREY:SXRZF - Post by User
Comment by
PeterPiperon Dec 06, 2010 3:37pm
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Post# 17807779
RE: RE: There Will Be Blood
RE: RE: There Will Be BloodThe shorts may well be right about a large enough drop on Wednesday. They are, however, taking a huge risk. If they are wrong and the pps doesn't drop as much as they think (hope) they will take a bath. This is not intelligent trading.
I have never understood why people would short a stock, in any case, when buying puts can achieve the same profit (or better) while limiting the risk.
Piper