Its the only thing they can do in their situation. Its called buying the dip (or in this case, shorting the peak) to average down. If they own shorts at $10/share and $300/share, they can average out and get clear at $155/share.
Of course if it gets driven back up over $300 (around where this madness started) they will be double-fucked.
Its the only thing they can do in their situation. Its called buying the dip (or in this case, shorting the peak) to average down. If they own shorts at $10/share and $300/share, they can average out and get clear at $155/share.
Of course if it gets driven back up over $300 (around where this madness started) they will be double-fucked.
HO - LEE - FUK!
Sum Ting Wong!
After hours trading up 61% to $312. lols.