04-29-2019, 10:49 PM
Philip, what am I mischaracterizing?
I wouldn't go short on this any more than I'd go long. Nowhere did I say I feel confident this will drop, just that it seems like 50/50 odds you hit the jackpot versus go broke. I have no idea which way it will turn out, which is why I won't take a position -- long or short -- in it anytime soon. Nothing against anyone else taking a position, but at least acknowledge the risk you're taking!
I wouldn't go short on this any more than I'd go long. Nowhere did I say I feel confident this will drop, just that it seems like 50/50 odds you hit the jackpot versus go broke. I have no idea which way it will turn out, which is why I won't take a position -- long or short -- in it anytime soon. Nothing against anyone else taking a position, but at least acknowledge the risk you're taking!