RE:RE:RE:RE:RE:RE:RE:RE:RE:crazy
Aurum1983 wrote: Since you called me out on simple math and pointed to a few things, I'll add that the shorts would have to pay borrowing fee probably still north of 30% for a stock like FIRE. I still don't think they want to properly hedge this and hold till maturity. No point in continuing to stipulate here, wait a few q's and we will see.
I know for a fact that shorters of dividend-paying stocks have to pay dividends plus a percentage fee to the broker from whom they borrow the shares. But, holy cow! Shorting a penny stock that has no way to go but up and paying a 30% borrowing fee? How true when Einstein once
said: "Two things are infinite: the universe and human stupidity and I'm not so sure about the former."