In action today- if a trader caught the low pivot 50% return today if closed out at the top heading into the after-hours. More volatility is more potential profit. Staying ready expecting to deploy more of a position as price action dictates.
niewei
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How likely is it that it files for bankruptcy?
AwesomeAvani
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@niewei, A bankruptcy proceeding can take years- I am not investing but rather trading. I am playing the psychology of other traders and the mathematics of reversal to the mean. What are the odds its insurer files for bankruptcy? More importantly who cares ? The lawyers will debate negligence and tort and injury versus acts of God. No matter, that all will take years while the stock is traded every day I cannot be concerned with hypotheticals only price action, economics and psychology behind it and so on.
niewei
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Please share your ideas, I will be doing some charity as well.