Acorda Therapeutics, Inc. (ACOR) Message Board
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Shorted 1500 at $27.2
I shorted 1500 at 27.2 and was in the process of entering an order to buy ape 27 calls as a hedge when the stock got halted. I'm naked! I hope it's just the patent news! Pray for me
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Yeah. did u cover this morning or still holding. U had chance to cover this morning.
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If you actually shorted at 27, then you are just greedy and not very bright for not taking profits. Completely mental to be short this stock at 20-21 bucks after profits like that. Prayer won't help.
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You will need all the prayers you can get. Patent extension which appears imminent may be worth $10 a share. 1500x $10 would hurt. Unlimited downside for short sellers means covering before this goes much higher.
I can't wish you luck because I'm long.
Link
http://www.reuters.com/article/2011/04/14/us-acorda-idUSTRE73D74U20110414?feedType=RSS&feedName=globalMarketsNews&rpc=43- 2 Replies to wilie34
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My friend you have accessed the situation incorrectly. Admittedly I have gotten very lucky and I wish no losses on longs but by all measures I am already stroking my Schichi getting it ready for miss Alice lobelia bung on the morning and because of his comments I will have no mercy until I fully spill and destroy that bung
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“would be worth at least $10/share in cash flow” in their model.
The question is 10 bucks from where?
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You need more than prayers.
You need an enema!!
Good luck!!
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