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The same month, GameStop named former Amazon veteran Matt Furlong as its chief executive officer. Furlong led GameStop’s earnings call on Wednesday, his first time speaking publicly since becoming CEO. However, as mentioned he didn’t take questions and said the company wouldn’t provide guidance, as has been the case in recent past quarters. Over the past 52-week period, shares have gone from a low of $6.43 to a high of $483, an insane escalation of more than 7,400%.
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At some point you will probably give up and “cover” your short position by buying the shares to return them to the lender, and take the loss. If you borrow shares and sell them for $10, and then cover at $20, you just lost $10 a share. If a stock you have shorted rises, your broker eventually will demand more collateral — cash set aside to protect the broker from potential losses as your loss position increases in size. What makes shorting stocks best left to professionals is the potential for unlimited losses.
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Compare.bet US has the latest on the best legal sportsbooks in your state. It might be interesting to note that Australian betting law only targets online betting sites. This means that as a player you cannot be punished for your betting activities online – meaning that you can use offshore sports betting websites to place your bets. However, we strongly advise against this because you will have no protection should one of these illegal operators not pay out your winnings or take your bank account information. Some sports betting websites also offer live streaming to their customers. Often only the biggest and best betting sites support live streaming, but some small online bookmakers have it too.
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