Post by
greenpasture on Aug 12, 2016 1:22pm
Would not be surprised if the exchange
Put a halt on this . Then opens even lower. Maybe the thing to do is but a cheap call and a put. That way if it jumps either way your covered.
Comment by
CNInvesting on Aug 12, 2016 1:31pm
I've been advocating hedging for weeks on this stock. I even wrote a post on married puts,long straddles and long strangles. A few came to ask details. Glad they did minimize their losses. The stock is down 50% since the Q2 ended on 2016/06/30.