$36.25 is the midpoint between $35.00 and $37.50.
VRX closed below the midpoint, so $35.00 seems closer than $37.50.
Betting on VRX approaching $35.00 seems more realistic than betting on $37.50 when VRX is below $36.25..
(I'm a short-term trader who makes trading decisions on technicals.)
Do you really believe this stock will ever be what she used to be like $200 or even $100?
If there's really some value in this stock, why has it been in 30's or 20's after crashing from 70s on March 14?
. . . shorts won't panic.
Sybil is totally deranged now. Can't even remember where AMZN is trading at today.
Sybil: "Sybs WISHEZ sybs had more money to short RIGHT PHVCKIN HERE!!!!"
You have to worry about getting a new series of house calls, Sybil. You're in no condition to contemplate adding more shorts here.
Well, Sybil and Techstrategy are both confined in one same mental institution. You can't expect crazy people to be rational.
Sybil is stoopit. Instead of lightening up, she's added more shorts.