The Downside of Being Naked
Today what caught the attention of a lot of the trading world, was the explosive move in KBIO. This isn't too uncommon to see huge percentile moves in a penny stocks, but what really caught everyone's attention was the pain one trader experienced. Joe Campbell was short the stock and woke up owing over $100k. Tonight I want to focus on the potential downside risk of naked exposure. Lets take a look.