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Sure, but they didn't start from zero. If you sold short at $350 the amount to cover is $70. Options are also a common way to hedge, so it's really hard to say
by jonknee 8y ago
Sure, but they didn't start from zero. If you sold short at $350 the amount to cover is $70. Options are also a common way to hedge, so it's really hard to say what the total loss would be.
- joezydeco 8y agoTrue. I guess I was looking at the total purchase needed to cover all shares. If there aren’t enough shares available to cover, could the price exceed $420?