@yajimari21, IMO, when shorting something, it better to have a minimum (worst case) profit margin of 30%. This stock only have 15% profit margin (2.3 Mil current price - 2 Million worst case scenario / 2.3 Mil current price = 15%), therefore it is a risky short (and really dangerous long).
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IMO, when shorting something, it better to have a minimum (worst case) profit margin of 30%. This stock only have 15% profit margin (2.3 Mil current price - 2 Million worst case scenario / 2.3 Mil current price = 15%), therefore it is a risky short (and really dangerous long).