Thanks Malua. Can you be abit more specific?
I would like to borrow 1m ADO for 2-3 weeks with a warranty cover my short position regardless of which way ADO goes..
My strategy will fully cover the shorted position with 20% profit, even if ado shoot up to $2.
A friend has accumulated about 1m ADDO at 3.6c last week, and we are working on the conversion. It may take 3 weeks max.. and I like to be able to sell ADO this week. Sold all my ADO this morning at 6.4c and have no more ADO to sell...
Cheers.
shorting ado, page-9
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