Wow, didn't think a multi-billion dollar stock could go up 50% in one day. I normally don't do overnights, but I just had to short it at 69.25.
Is that why your fund won't answer the phone when I call? WTF!? OK, no BS, how bad is it? Should I be concerned? arb.
it IS ridiculous, but I don't think it was a good idea to short it. Well if you look to cover tomorrow on a gap down in the morning , you could be right maybe there will be an inside day . But the way you phrase it " Ridiculous I am shorting " sounds dangerous. It is very interesting though, EBAY, the Dow ... Is it the melt up some have foreseen? a lot of stocks still have to break out on the weeklies, they haven't exhausted buyers yet I think.
I admit the stock closed stronger than I would have liked. My stop is around the 71 area...and i'm looking to cover around 66 in a few days.