Quote:
Originally Posted by Enoch Root
I am curious why you think Friday matters
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Shorts have to pay premiums, and many don't like to hold short positions into weekend, because of those, and also news. What if something comes out over the weekend on a ticker you shorted, and it gaps up on Monday? You're boned.
I sold 25% of my AMC at 25 this morning, holding 75% for the bigger move. that was a 1100% P/L for me.
Today is choppy af with the halts etc, as brokers/institutions/MMs are all salty that the retailers figured out their game.