RE: RE: Slides from investor day presentation don't worry about 123. he is not shorting 30,000 shares.
he doesn't have enough margin in this account to short even 3 shares.
he has been saying he's short since the stock was in the low $10s several months ago.
if that were true, by this time his broker would have liquidated his entire portfolio and taken the shirt off his back.
notice how he always appears after the stock has fallen slightly- never before.
of course it is easy to thump his chest on days like today when markets have dropped triple digits and claim he is shorting.
if 123 were really such a bear on this stock he would have simply bought $10 puts and sold $13 calls and collected the premiums when the stock was in the $12.50 range.
but we can't expect him to understand this.