I'm sorry if I came across a little rough. The answer is yes you can do it, if you have 2 different brokerage accounts. Your broker will not allow you to do this in the same account. However, I don't understand why you would want to do it. You have to put up more capital just to buy more shares. Which would give you the same result as just covering your shares you had short for a loss. Just selling at a loss means you no longer have any capital requirements. Then you can re-short at another level when the time is right.
It's kind of disheartening watching this thing in backwardation for as long as it has been. Oh well, time and capital are on our side.
BS. You have been posting here every couple of weeks. You delete all of your posts in an attempt at anonymity but for anyone with a memory it just makes you loos like a fool. Good luck my very poor friend.
I think the reward for awful traders would go to any long who didn't sell anything above $15.... just sayin'
Hi Alex, I hope you have put on at least some of your short position by now. I agree these will be a couple months that will test the fortitude of both longs and shorts in this pig. I think shorting on crazy days like monday and covering when things calm down, would be the easiest way to play it. However it could double from here so be nimble. My trading has been horrible the last couple days so you probably don't want to listen to me. Good luck man
I covered those shares at 13.9. I'll admit, truly terrible trading, on my part, oh well. I still have my core position on.
This must be a symptom of stage 1 (ESL). There have been about 100 new posters here in the past few days and none of them have been burned enough to have entered into any other phase. I miss the days of stage 2^X beachbum. But I am glad his wife took him back... he was sounding a little crazy there during the dark days.
My lowest short sale price was at $7.7, so I'm not sure what you are talking about. I don't mind complementing someone on a good trade even if it was in a direction opposite what I would want. I have no reason to lie