It was an awful position from the day he entered it. At no point ever was it a good position. Not even remotely close.
I knew that it would go down after Marketsurfer's target was hit. Lessons re learned: 1- A stock which is hyped and is under control of certain people because of low availability, should not be publically fought. 2- I believe maximum shares shorted following Marketsurfer's recommendation was not more than 500. Not that he did not have influence. People shares their idea and mostly mock but do not follow. 3- He should have kept his stop loss trigger private.
Are you going to continue with this newbie shit? The market is not stupid. It knows shorts have a BAD tendency/habit for placing stops above highs.
Autodidact, we need newbies and losers to make money! They don't want to change, so let them be happy with their losing habits. See Surf : even if he makes some money with his new new new new short, probabilities are high he won't be able to take profits. In the meantime, Shake Shack will go above 100 dollars. Story is already written. Why? Because people don't change and repeat again and again their mistakes. CM
i agree. a fresh waive of weak players just shorted on cramers potty mouth. just watch them get squeezed out.