Jun. 8 at 5:45 PM
$CORBF Just wanted to post this to help anybody since this site has helped me countless times. I have a new rule now because of being short this stock. Never short with your initial margin being most of your net liquidity. No matter how tempting or lucrative or a sure thing the short is, something catastrophic like this might happen and tie up all your money so you can't do anything for the next 9 months. Never saw this coming. Glad my initial margin was just 15% of my net liquidity so it didn't affect my day to day operations much, but it could have been much worse.
As it is, after nine months, I pulled a 65% gain not including borrow fees. But I find it interesting that I feel both shorts and longs regret being in this stock nearly a year ago. Another day, another lesson.