Little Johnny : Reverse crash

102566976 Little Johnny : or crashing upwards

JaiWyckoff : Nice try

Capital Gains : 47 record highs this year

Victor Martinez2 : I'm thinking 8.1

Cuhai88 : 9.5

Kenzu 103256742 : 12

Cuhai88 :

Deejay78 : I hope you're not getting burned!
Next week will be a critical event for a short squeeze among underperforming Bitcoin miners.

I Am 102927471 :

egan1 OP Deejay78 : the short interest isn't high enough for a squeeze. Also, it would need to hit $45/share to trigger a margin call for me. my risk management is good here. i cover my entire position with Bitcoin, so im hedged against Bitcoin prices. the position is a fairly small part of my portfolio ~5%. I buy back shares pretty quickly if riot prices rise while selling Bitcoin, and I've been pretty consistently squeezing profit out of the trade since Riot was at 14. It's a volatile stock, so of course, im being careful.

MSK7 : possible but wait long long