A very good reminder to the over zealous, I remember the VERY large paper gain I had when it hit $14.62, it all but disappeared in one day on the large drop back to $10 at the time.
Courage of conviction.
As Warren Buffett says, treat any fall as another opportunity to 'steal' stocks from the impatient and the scared.
As Warren Buffett says, treat any fall as another opportunity to 'steal' stocks from the impatient and the scared.
I did at under $10
Shorters continuing to cover but still 46.5m shares shorted at last update.
So we have seen shorts reduced from a peak in recent times of 50.8m shares in Dec 2018 (when sp was $10.00) to the 46.5m - down 4.3m shares and shorters probably down around $10m.
Ouch!
How satisfying is it to buy off them at under $10 and sell back to them at over $13?
Shorters continuing to cover but still 46.5m shares shorted at last update.
So we have seen shorts reduced from a peak in recent times of 50.8m shares in Dec 2018 (when sp was $10.00) to the 46.5m - down 4.3m shares and shorters probably down around $10m.
Ouch!
How satisfying is it to buy off them at under $10 and sell back to them at over $13?
Unless your a shorter of the highest order, it's just plain nuts to short this stock.PS-Im probably biased due to never having shorted any stock due to Fear.Lol
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Originally Posted by couta1
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