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Why not short gme now?
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Farmer Ed
Posted 1/31/2021 11:00 (#8796317 - in reply to #8795052)
Subject: RE: Why not short gme now?


dogs nest ontario
do it with long put options.
That is all your risk.
If you have ever been caught in a short squeeze,
you will remember that stomach churning feeling.
Been there, done that.
The worst is being on the wrong side ,
and having the margin clerk liquidate your position.
Remember almost everyone in the past week that went short, has been burned.
Short calls = infinite loss.
BTW, my bet is that Melvin is bankrupt by the end of the week, as per MF Global.


Edited by Farmer Ed 1/31/2021 11:04
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