That's what you call completely asinine. Losing $1M dollars on a piece of shit hyped up stock that is worthless. Looks like he got double penetrated on both the long side and the short side. Sucks to be him today.
Got short airlines today and plan to ride them down. Thurs and Friday's gains seem a bit excessive probably as a result of short funds blowing up with margin calls with a combination of bears who are under-invested and now forced to buy at the top of the rally.
Yes. Mooktrader.com - Hubert Tsai is head trader there. He was one of Worldco's biggest money makers there. I've learned a lot from him through his stock chatroom.
Past 2 day stock ascent way overblown in my opinion. Once people wake up and realize that the technology is pretty sh it, it will sell back down to $20.
People who use the apron service are probably buying it. Just like the people who went long Krisy Kreme donuts (KKD) - they were probably the ones eatting that crap daily for breakfast lunch and dinner.