Two Warnings for everyone
Two Warnings for everyone:
This baby is going back up...the only question is when...
No1
If you are dealing with RBC, TD, CIBC....
for those with a margin linked to their investments: be careful not to got under. If you have over extended your credit. T.WEED qualifie for your credit line so if the value drops (and this IS a possibility) make sure to cover (add some cash) by either selling some other stock you made a gain on or just put some more cash in. I would never suggest selling at those price.
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No2 for the shorts sellers: I understand bad news (whatever) let us all short short short. the problem is that only those who shorted yesterday and already covered are scott free...other: think about it: the only person selling at the moment are other shorts. This will get bloody very soon as shorts get squeeze and must buy back share before any good news comes along. risk I say.