Congradulations to your winning hand.
This is a tipical case how small individual investors got too greedy and lost his/her underwares.
Maybe not lost yet since the real game is over only when you cover.
I hope that you do not cover so we can bring this baby even higher (26 is what I see).
tried to leanr how to get an everage of @21.77 for 16K with most (at least 11K) being shorted today (tripled). Let's see:
today, the selling price would be around 20
So, your previous short of 5K needs to be $24
Looks like getting yourself pulled into a danerous area from a safe one.
We will learn how someone turn a profitable position into a lossing one by increase short position today.
What if you're wrong? Are you feeling a little heat right now. FB should be fading by the close, but it's actually going up. What if it opens lower Wednesday morning and closes at the highs. What then. Will you quadruple your short? Good luck! You may need it!