RE:Beautiful opportunity To Shortknowsbest wrote: For the record Shorted 200k at .71....This is as easy as Flora
Not sure this is going to get better soon...
Your losses to date:
$8,400 Carrying cost:
200k at $0.71 = $142,000
$142,000 * 25%(annual borrow rate) = $35,500
$35,500 / 365 * 4 days = $390
Cost to cover at $0.75
200k * $0.04 = $8,000