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Message: Nightmare scenario......for short players.

Thrilled with the 250 Event news, and I'm liking the market reaction....we're up nicely, but the volume is far from being robust still.  My take away is that there is very little selling of this news.  Technically I show us having broken out of the wedge/pennant flag to the upside, but nothing crazy....I'm almost glad there's no trading tomorrow.

On another note I came across this article from 2015 last night.  Its about someone who shorted Biotech KBIO and went to bed with $37,000 in his E*Trade account, the next day he owed over $100,000 to E*Trade after that stock climbed over 800% overnight....leading to him setting up a GoFundMe page and facing the prospect of liquidating both his and his wife's 401K to settle the account:

https://www.newsmax.com/Finance/StreetTalk/GoFundMe-E-Trade-biotech-stocks/2015/11/19/id/702876/

With Resverlogis seeming to be so tightly held it leads me to wonder if something similar could happen here.....

 

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