Jun. 30 at 8:59 PM
$INO Someone shorted INO at
$1.10 with 2,000 puts expiring Thursday, at
$0.17/share, or -
$34,000, and after the close the shares traded up at
$1.12. Odds are the short does not have the cash to spend
$220,000 on a losing bet., making me wonder why they do it to themselves, these short fools who must know they won't see INO close at
$1.00. Not in July 2026 for sure. The point of a losing trade is what? A Pyrrhic victory if you go broke doing it. Why would someone so persistently blow his wad on losing trades to short this stock? Any explanation for this kamikaze behavior?
