Backendpugmill ;I don't know if I completely agree with you in regards to the tightness of the nickle market. This guy who's got this HUGE ( billions and billions ) short position probably knows a little more about the nickle market than we do so I would just not throw your caution to the wind . Be careful, stay prudent, and just be careful with what you can afford to lose ! Personally I keep my finger on the trigger at 10% loss . That's where I set my stop loss.. Mind you I babysit my stocks pretty close so I don't have to literally build my stop loss in . This is what I do for a living so when I'm down 10% give or take and things don't look good, BAM I'm on the sidelines in cash . Cheers all and say a prayer for these very poor people suffering in Ukraine.. If your making money off this war ( oil, natural gas) please find a good place to donate.