The trade was to sell at over $4 then wait for the next surge of shorting to reload your longs. Understanding for shorts that essentially they are passing the hot potoato and for someone eventually the game of musical chairs ends. But until then there are some very deep pockets. So time your exit, let the shorts do the hard work of price discovery... lol.. suppression (step aside politely while they create the arb for you, thankyou Mr Short, most appreciated, please keep going sir..) then rinse, repeat.
I must say the trade from $2 to $4 on a stock with essentially close to zero real risk was most appreciated. The fun ends when cash generation and full production crushes the Barstool shorter cohort, or when the next shiny object to try to dog pile onto is identified. Until then, don't fight the funds, just short the shorts (or acutally, long the shorts, at the opportune time). If you don't know when that is, don't be in Boss, at least not for the next 2 to 3 quarters. Good luck to all. Oh, and don't waste your time waiting for ASIC to notice anything and act. They are legally blind. In every sense.
BOE Price at posting:
$3.59 Sentiment: Hold Disclosure: Held
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