Not a bad trade. I managed to exit at $6. I kinda wished I used my other broker so I could have exited premarket

I am also in DRYS overnight, but only with 60 shares at $5.06. When I saw it support at the morning high (using the one minute chart) it showed good signs of support. I think the risk is $4.80-4.90 and reward is potential $5.75 or maybe higher. It just depends on how it does in premarket.

@sparhawk yes! And after hours it is holding above 5.50 using 5.49 as support. Lets see how it goes :)

Thanks Himmeny

Good job realizing this. You really do get what you pay for. Get rid of that BS!

Nice trade!

Do you mind me asking which broker had shares to short? Thanks! And Good job!

I've never shorted anything because it seems like my broker, TD ameritrade, rarely has shares to short. Or its usually HTB, Hard to Borrow.

Interactive Brokers had shares to short. They actually had shares to short of $SHIP and $TOPS for most of the day.