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Agree with Ratty.. You can suspend trading when too far up or down percentage wise.. Happens often.. Then restart where you left off. Suspend and start at any other price especially 50% off.. Is a f' up. And why wasn't it reset at 50 or 100..why at 16?
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Mann. I think granite were saying what you are. Something about the price hitting 90 and the short was going to zero. Bit the sytem didn't reset until later when it hit - 50%
But I'm still confused.
All I want to know is.. When is the short price going back up as far as you know?
I feel exactly the same. said all that.. Apparently the short was falling below 50% so they corrected it..lots of off the books orders and MM orders etc.
That's the only way I can see.. If RR hitting below 70.. Some think it will but I don't like the idea of it.. Personally would have preferred to go long on RR then short
I said all that.. Apparently the short was falling below 50% so they corrected it..lots of off the books orders and MM orders etc.
I feel exactly the same.
What's the predicted lowest price due to RI. That's the only way I can see.. I can't see it hitting below 70
I Was thinking over the next few years and there is a chance vaccine will come out next year which will push most travel stocks back up.
But short term most people think will lower. Which right would be great. I'm not sure if will hit the RI price. Seems too low
This price change is a permanent one.. So the halved loses are real.. And can get compounded if RR, share price goes up.. That's the risk with shorts. Suggest everyone see if RR drops over the coming days to level out.. Some people think RR is now a good investment. Which it is long term.. But short term if price goes down then there is a chance short price will reach the pre f*** up level.