These things never last.
Good call. Big risk but it paid out.
Where did you find any shares to short?I tried to short 2,000 at $7.10 but no shares available. Would have been a sweet trade for me today.
Depends on your brokerage. My brokerage sets marginal securities at 5.00. If the stock starts out the day less than 5 it is not marginal so it cannot be shorted.Different brokerages have different rules. I have seen some with 4 and some with 3.
It will continue to trade sideways for a couple of hours and then start to sell off to the close. We'll see. Short at avg of $5.87. Big loser so far.
Putz ... LOL!!!
Wow. Talk about exponential. Shorted more at $6.64. Only retail purchases. Avg short price of $5.87.