you can make good money if this goes to $28 and also if it goes to $128. you just have to be a good trader in both directions. ask yourself: can you play both directions without getting emotionally attached to either???
i cant. i am attached to shorting. i just love it way too much. but if you can, you can make much more than me playing both directions, depending on which way the wind is blowing on any given day at any given time...
well depends on how you get to $48. Do you open at $108 and race down to $48 over time, or do you open at $28 and race up to $48 over time is what I wanna know???
you need to pay attention to the direction of the stock move, NOT just the stock price. In the latter hypothetical scenario, I would not dream of shorting at $28. In the first scenario, I would sell my house, my car, heck even my underwear and use the money to short it at $108 again. LOL