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You wrote, Could be worse, though. You could be the guy who shorted some trashy stock .... and it jumped up 400% overnight on a takeout rumor, whereupon he got a margin call and owes his broker $103,000 in addition to the (previous) $30,000 cash balance.

Can't find the link, his post was in the last week.

The guy's name was Joe Campbell. Here are some articles on his story:

BTW, this was an actual short position - he wasn't short a stock through an options contract. He was also short his entire portfolio on a penny stock that had already been beaten up - which seems pretty stupid to me.

- Joel
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