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Snobblevitch

(1,958 posts)

10. I have no sympathy.

Reply to FLPanhandle (Original post)

Thu Nov 19, 2015, 08:31 PM

Nov 2015

I have a stock that has dropped 30% in recent weeks because of shortselling by the big traders.

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Online trader begs for help after his short goes south [View all] FLPanhandle Nov 2015 OP

"you have to feel for this poor guy". Nye Bevan Nov 2015 #1

He did catch a monumental piece of bad luck given the dramatic price increase. Warren DeMontague Nov 2015 #8

It's impossible to "short on margin" jmowreader Nov 2015 #20

Right, of course. Got my terminology mixed up. Warren DeMontague Nov 2015 #25

Time frame? There really isn't one jmowreader Nov 2015 #29

Interesting. Thanks for the crash course. Warren DeMontague Nov 2015 #37

Exactly! That's basically saying you should feel sorry for someone and donate to them smirkymonkey Nov 2015 #34

So am I supposed to feel sorry for people that go to Vegas and lose their shirt? Rex Nov 2015 #2

The difference is that Vegas casinos will often reduce the amount big spenders lose kiva Nov 2015 #16

Never ryan_cats Nov 2015 #3

+1 Go Vols Nov 2015 #9

That is great advice but once Glass-Steagall was repealed jwirr Nov 2015 #13

That's how it works, and he knew the rules when he started to gamble . . . hatrack Nov 2015 #4

Looking good, Billy Ray? Warren DeMontague Nov 2015 #5

Margin called! longship Nov 2015 #6

You know, I was going to go back in time and kill baby Hitler Warren DeMontague Nov 2015 #7

I have no sympathy. Snobblevitch Nov 2015 #10

If GummyBearz Nov 2015 #30

Two words. 'Put option' Travis_0004 Nov 2015 #11

Sounds like he's a day trader though. woolldog Nov 2015 #26

He might actually have to get a real job now. smirkymonkey Nov 2015 #35

I like his honesty. I was going to give but he only asked for 5 grand and he has 5,130 already yeoman6987 Nov 2015 #12

The fact that he's already received over $5k EL34x4 Nov 2015 #24

+1 Egnever Nov 2015 #39

Why the hell would he not use a put option? Recursion Nov 2015 #14

It's gotta be satire Cal Carpenter Nov 2015 #15

He was playing Russian roulette and lost. lpbk2713 Nov 2015 #17

I feel some of his pain but would not give him anything. He'll lose a lot of his life and... BlueJazz Nov 2015 #18

I'm sympathetic philosslayer Nov 2015 #19

Yeah Dorian Gray Nov 2015 #23

Too small to fail? MowCowWhoHow III Nov 2015 #21

Too bad, so sad.... Adrahil Nov 2015 #22

*this* is why *everyone* benefits from a government safety net unblock Nov 2015 #27

What's his job again? BeyondGeography Nov 2015 #28

"Martin Shkreli (yes, THAT Shkreli) gained control of a majority of the shares." KamaAina Nov 2015 #31

All he has to do is shoot some Blue_Tires Nov 2015 #32

Sorry. Im fresh out of fucks to give. bunnies Nov 2015 #33

As robber baron Jay Gould supposedly said gratuitous Nov 2015 #36

I'm evil geomon666 Nov 2015 #40

Show some compassion. If the GoFundMe were open, ericson00 Nov 2015 #38

No, he's not an entrepreneur. No pity, here. Let him open a small lindysalsagal Nov 2015 #41