Low risk names do not give you 400-600% moves just FYI . That's a given. And, yes, that's exactly why I said this stock likely is broken and should be made free, and even after that it doubled again. -57% on a 2 x is -114% so yes, makes total sense to break. That was the known risk - discussed and compared it to $XIV $SVXY situation. A product at .05-06/share is essentially an options contract and should be treated as one. Holding knowing the risk after multiple discussions about it at the end of the day isn't anyone's issue except the person who ignored it and wanted to keep risk on anyway. No matter how you slice it, should be a free trade but with 4-6x it's a rounding error.
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