A close above 5 would be very bullish. Possibly a run to yearly high of 5.61. Any thoughts?
Got the nipper shorts talking about minimizing losses while longs enjoy the day after day price rise and yes we do celebrate!!!! $$$$!!!! $$$$
well, it didnt make sense to me to try to minimize a short loss of 25%. Better to just cover and take the loss because you will most likely never see GERN under 4 again.Long positions under $4 are golden now. See you at $20 sometime this year.
numbers. Anyone know when they will be updated. Dec 10th was the last update.
Yes, but let it be the weekly close.
dunno, a short at $4 means that a $1 loss is a 25% loss. Makes more sense to close the short unless you think the price will go down to below 3.8 since now you have used capital to pay the premium.Would make more sense to sell the $5 put.