"I suspect the shorters of that are in some pain, perhaps, apparently, most likely."
[I'm not a shorter, I have puts. No pain until at least January. Pretty sure the bottom will fall out of ARM by then. Once people realize that they are paying $46 for 5 cents in earnings. The estimate was 4 cents in earnings. Maybe you can explain to me how a company that show almost no earnings can have a huge honking P/E ratio. It's totally unbelievable...]