If the equity went from $140 to $240 in 30 trading days would you take profits?
Hmmm that's exactly what has occurred in reverse. The short trade is over.
Im for shorts and longs making tons of money. The ones that got greedy at $240 and greedy in a short at $150 will be hurt that's the way of things. Their money gets divided amoung the people who were smart to take what they had and move on.
I call a big "Bullchit" on him shorting those shares. First of all it's just plain stupid to short it right now. Second, you're just not gonna find that many shares out there right now to short. So, BS!