This fall hasn’t been about a hand bag full of shorts, just a bunch of holders dumping stock. Likely a case of “who knows what first”. The question is, how big is this “much bigger loss”? What were the investments?, were they leveraged? and if so, how high? It’s difficult to find much info on what these guys specifically invest in. Did management get lulled by the euphoria of the bull market and forget risk management 101 despite orange flags all over the place since late last year? Price has settled for now, and I’m sure we’re all looking forward to their statement..
I don’t know where and I don’t know when, but I’ll see you at $1..or $3 then. Happy investing.
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