I disagree with the mother of all short squeezes will happen here.
I wish it to b but i doubt it.Yes nyny longs have had bad luck with the probable 6 to 9 month license delay.
But it aint unusual..
Can i say we will never have a mother of all short squeeze.Of course not
Then accept my apology ted.
I really dont know what to say.
i am glad your practice has knocked it out of the park this year.
I can relate to trying to manage a portfolio and a practice at the same time
It aint easy.
Even with bernstein and many might sell on the news my mistake was i thought it would be close to or in the teens with us being the only 1 in the region.
I have empathy for your plight .
The bottom line .U have learned a lesson many who went before learned
Cant fault your diversification
Two suggestions for the next time.
1.Buy in levels .not so many shares fairly close together in price.
2.However low u think a stock u buy can go, it can go alot lower.
imo.Ithink your blaming some of this on greece, is a copout
Alex.I hear you and see it butif there were the shorts in the 1st hour they shorte like at 7.80 and less they lost money which was kind of the pps.I will say i think u could be right after the recovery to 8.That looked like another takedown
Plus he had no clue who bernstein was much less 100s of thousands of 6buck options that 8 bucks or 9 pps made an attractive short.