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Posted On: 03/19/2018 9:04:16 PM
Post# of 72443
I didn't say you would sell at $20. If you have a GTC order at $20, and you forget about it, when the buyout comes at $30 some MM can snatch your order up for a handy profit. Since the legal short interest is about 900K-1M, with 145M shares out there, individuals putting in GTCs aren't protecting anything. Naked shorts don't need your shares.
I reiterate what I said: If you get cute with a GTC you could get burned and you're not making it any more difficult to get shares for legal shorts. Naked shorts just print them anyway.
Go IPIX!
I reiterate what I said: If you get cute with a GTC you could get burned and you're not making it any more difficult to get shares for legal shorts. Naked shorts just print them anyway.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
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