Bill, Congratulations, for today!
I bought more, both below and above your covering price. Since you claim you covered all at one price, I have to suspect you are shorting small amounts, like 1000 shares or less. Not enough to make much of a dent.
My intuition is buzzing and I expect such solid news so soon that I think I will stop trading and just accumulate at whatever price I can get.
I appreciate one more buying opportunity that you guys helped arrange. As I said, I expect the price to be volatile at this point, until news. Not because of the strength of the underlying business but because it went up too fast. It will now consolidate a new base and then continue upward.
And, I did count my shares, as a special favor to you. Lets just say I lost perhaps 1/2 million on paper today, not counting my new shares.
I wish I had been home instead of having my buys happen on autopilot. I may not get such good prices in the morning. But, I have a life to lead.
Glad you covered and made a profit. You can take a gamble and short again when we cross 30 in a few days. You may win, or you may lose. That's what keeps this interesting.
But, I warn you that if I am right, and news comes, your losses on any uncovered shares could be astounding. I expect it to double when the news comes out no matter what the price was moments before.
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