bulls win I'm covering.
$Archer Aviation (ACHR.US)$ I was up 30% on my short sale and I still believe my thesis is correct, however with all this buying pressure the borrowing cost has pumped up to 11.7% being up only 16% as of today it's pretty hard to justify keeping the short position open. I'll take my small win and maybe I'll be back if borrowing costs get back down to 3-5%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment