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Posted on 5/2/16 at 7:58 am to Strannix
Buy puts. At least you have a loss certain with this method.
Posted on 5/2/16 at 10:02 am to Strannix
LINE is about to be de-listed and bankrupt is pending...sounds like you missed the short opportunity.
Posted on 5/2/16 at 10:05 am to Strannix
quote:
I'm asking the best routes to short it, did anyone read the OP? Is the coming chapter 11 built into the current price? Will it go to zero?
If you want to gamble you would be better off going to the casino than playing Linn because gambling is essentially what you are doing buying in with a company that is 100% headed to restructuring.
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