RE:RE:RE:RE:Hold Tightbullchart wrote: I just stay 50% ahead and renew at the end of the month. Very little effort. Any big unexpected move, I just go in and change it. My few won't make much difference but when hundreds of owners do this, makes a diffenence with the hedge funds.
Yeah, and at least you have the satisfaction of knowing your own shares aren't being used to bet against you! On a comical note, did everyone hear about the story of the guy who shorted KBIO? It is absurdedly entertaining if you haven't ..... A trader, Joe Campbell, decided to go short KBIO (that was before Skhreli decided to save the company). He saw what was "a nice $2.00 fade coming" and decided to go $37,000 short .... he kept his account at $37,000 as he wanted to manage what he could afford to loose. After placing his trade he went into a two hour meeting and when he came out, that's when he heard the stock had surged on the news that the most hated man in America is saving the company and he was on the hook for $106,000 .... never did he think Etrade didn't have some kind of stop or circuit breaker in place if the account went to $0. So he launched a GoFundMe campaign to crowd fund his margin call.... Ouch ....He only raised $5,000 before shutting down the page and didn't get much sympathy. It did cross my mind that at these levels it leaves CXR a takeover target and I wouldn't want to be short CXR overnight. Just my opinion, for what its worth (...nothing).
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