I may be wrong, but I think his point was that shorting at $7 does not require a large drop to make a great profit. Shorting at $7 is not a dumb strategy IF you know the stock is going down.
I don't feel I have to interpret OP's posts in particular, just posts that people don't seem to get. Too many people are drunk with the possibility of a short squeeze or that there is a lot of upside with SKUL. I think there is too, but always be mindful of the alternative. This stock is manipulated, I think that has been established and for the most part agreed upon. So to say the stock will fire like a rocket in the near term......well that may be just wishful thinking. It all depends on where the manipulators at the moment want to take the stock. If SKUL can beat earnings then I agree that the stock has some good potential. I suppose I felt the need to comment because I see too many people dreaming of big profits soon. They did that at 16, then 14, then 12, then 8, and then now. As in the past the manipulators may send this stock down because there is a lot of long money that will run away if the stock drops another $1. What will you do if it does?
As for OP, if you have read our posts it should be clear I don't believe in his methodology. I just don't dismiss it either. I am open to learning soemthing new, but until I have learned and implemented it with success, I surely won't believe it.
" So to say the stock will fire like a rocket in the near term......well that may be just wishful thinking."
Corey I said could not will and I also said if there was good news meaning positive earnings or guidance, stock repurchase or maybe buyout etc. I was never screaming about short squeezes and doubling in the teens but you have to admit the stock looks very attractive based on PE here in the sixes. I'm not saying she can't go to $5 but I believe the odds are just as good or better that Skul jumps back to $9 or $10 with positive fundamentals. There are always 2 sides to trading and 2 voices to be heard.