To them I say don't do that with this stock. Doing so even you will loose at the end. You are putting brakes on a powerful momentum on something that might be fragile. So by braking and taking gain, you slow down the momentum. You are stroking it. Would be more a financial gain if you just let it increase full momentum until full maturity. Then a 2% will bring you as much as the 30% you took. And by restraining it, you risk that it will not reach full maturity, full potential. Even short sellers or big money, you should understand that. You have little short gain while you could have super big one 50 times more than your short selling. this stock is different. Treat it with intelligence, old trading concept don't apply here. Let it grow to full maturity, and you will be able to take the short selling amount you take in one catastrophic day every day, without the stock price falling. Wait to milk it. Let the full potential express itself. Go short sell companies and banks, they already take more than their share. Leave this one for the future.
104267001 : It was a 50% swing today. Horrible experience ever. Who knows what will happen tomorrow.
JD72282267 OP 104267001 : will go back up already reach 21% up after market. Now down a little it goes sideways now. Always around 4 am action start again. it already did that twice and recuperated in a few days to reach higher high. I understand it is scary, lost 29,000 today. but I am smiling I bought more at lower price. I like to say this stock takes deep breaths before going up again. I know it sounds terrible, but this stock is different. It cicles with big amount difference. First time I had lost all my gain , all of them. I was very depressed. started again with other stock and suddenly what do I see, this stock above all my others. All what I had lost was covered by the gain. I had to buy it again at a higher price. This stock does that, because some people abuse it strength for short gain. Everybody freaks out and sell and now it seems catastrophic. Believe me some people calculated all that. I know it feels horrible, first time I refuse to talk to my friends for day I was so depressed. And then it went up to 321, when 168 was considered hight. The scary part is all that in a 2 month period... well a little more. But it picked up exponential. So now I lost all that again, but I bought more at lower price with all I have. Nothing can be that terrible for no reason, so some big money manipulate at equal time interval. I am not worry, but I cannot re assure you. Since I don't know the future. But right now I smile thinking that soon it will be at 321 again....and they will crash it again, that is how big money make money. By scaring people with artificial events like today. Sleep peacefully, tomorrow is another day and the sun will shine again.
104267001 JD72282267 OP : Thanks for your insights. I lost $10k savings today, extremely depressed now. I sold all mug position at 190 coz I couldn’t afford to lose anymore.
The news said “Citron Research's Andrew Left closed half of his short position at $468 and another quarter of his initial position at $429.10.” Does it mean he still have the remaining quarter to close tmr?
I plan to buy back at lower price or when it stops falling.
JD72282267 OP 104267001 : I understand you very well. But went through this twice.
yes buy back when you feel comfortable, but don't forget at night it could go higher than the price you sold. so you will have to buy at higher price.
All the best, thanks for your comment. Me I will sleep like a child tonight even if I lost 29,000 today. I lost 20,000 3 weeks ago. the 9000 is the extra I won here after plus the 20,000 I regain, and lost today.
Like 3 weeks ago and 3 weeks before that. It swings big because some people vamparize it...abuse it. But personally I think it has a good spring. Bounce up, unless a tragedy in the world. When other big stock are up this one goes down, when they are down this one is up. Showing people have limited amounts of money. But some have a lot.
PXT : I sold some on $205 aftermarket which I bought at $185.25 before closing market.I will sleep well when I get more cash.No matter it up or down. I believe it will go up and create new highest price eventually.wish everyone sleep well tonight!
72132972 : I am so simple Men not be any other person to get the same thing about it genuine mind and positiveity must be personality and bright think it's a just do it will be fine for not having a money for me but give me hrat is biggest one of good to me is that you trying to do that sometime check out person and i am not maind i am personally friend is very helpful for the one two One