He may be closing his short soon, but to do so today would require Ford to be up almost 3.5% today which I don't see happening.
It looks like those who have been holding Ford stock for so long may start to see some traction to get back what they lost since the fall from the 12's.
My perspective is to be on the sidelines with Ford If I was already not in of course.
Not a short or a long would be my play. Although if I had no position I would be tempted to play leaps short some puts way out.
Basically the thought would be unless Ford goes belly up owning it down the road at a cost of 8 or below counting the money taken in and at leat you are out at even .
If option expires worthless it is great return over a year or out two .
Drink the cool aid? I've invested real money in this stock. Not a lot. I'm down 4.52% or $22.86. Big whoop. I'm searching for the lowest price. There's only one way to bottom fish: Buy in small bits and be glad when the price goes lower. Either way this strategy is disappointing though because you'll be kicking yourself when the price goes up because you could have bought more, or kicking yourself that you got in too soon. I was going to buy a little more yesterday @$8.80 but we never got there. (Kicking myself)
They scatter like cockroaches when the flashlight hits them.
There are some very nice longs on this board who are unwilling to drink the kool aid. They will acknowledge shortcomings. Then you have those who are worse than the three blind mice
I'm sure there are a few I've left out.
Then you have the ones that call it as they see it..correctly