well..I've seen posts here saying some poeple bought all through the 20's...I'd guess they are looking at this as a binary play..
if trump wins the election it's a winner in some respect and if the loses you lose it all.. while ignoring the terrible fundamentals here.
Horrible investing strategy , not a bad way to fine yourself broke.
if trump wins the election it's a winner in some respect and if the loses you lose it all.. while ignoring the terrible fundamentals here.
Horrible investing strategy , not a bad way to fine yourself broke.
No doubt, if he were to win the stock will triple, because the street is short a ton of the POS.
We sold into a spike last Friday when he proposed not to sell.
There was very little inventory to sell short, owners of the stock basically rent it out to short sellers. Instead we sold, short dated calls and took in a premium that we covered today as the 12 handle broke.
We won't cover shorts til it gets to zero. We will be selling call premium and put spreads right up til Nov 5th.
I don't see him winning but stranger things have happened.
We sold into a spike last Friday when he proposed not to sell.
There was very little inventory to sell short, owners of the stock basically rent it out to short sellers. Instead we sold, short dated calls and took in a premium that we covered today as the 12 handle broke.
We won't cover shorts til it gets to zero. We will be selling call premium and put spreads right up til Nov 5th.
I don't see him winning but stranger things have happened.
