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| Well the guys that shorted the stock are feeling the same amount of pain. So is the lesson also be that a guy should not sell short anything. If you are a producer of a commodity and selling options againist your production to reduce some risk there is really nothing wrong with it if you are comfortable with the having to sell at the strike price you sold at. Now if you are speculating and highly leveraged I can see what you are getting at. | |
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Gamestop
