nonsense but still a good call at $2.08 where does the 400% come in? My crazy stocks that keep going up, why? Is it Bitcoin? just sell mgti till its under 90c Post by: SoesWasBetter, Nov 22, 2017 in forum: Stocks
no. it dropped to 1.30. that is why it was a good short but not a 400% return on invested funds(money set aside for margin purposes)
What I'm saying is that on Nov 22nd the stock was 1.84. Exactly one month later it was 8.14. So after he posted to short it, it went up, not down by a factor of 4. It eventually came back down after blowing everyone out.