Quote from riskfreetrading:
I think your position is more than a 100K s*.
How come you did not share IB's warning with me bro?
I would have sold some ITM puts.
I think it will head higher soon (before tanking later?).
I just read that John Snow is in the roll of private firm owning Chrysler. There is a pressure on congress not to help a private company made of rich and defended by previous gov official.
If you were those rich people, what would you do?
Answer: take a position in the other 2. To hegde or to force a merger to get gov's money.
A short squeeze is possibly around the corner bro. If I were you, I would get my ass out or expect to have my own head on a silver platter.