Down a hefty 47% today and counting...
Yes, but too late for the short investor who received his margin call. Margin calls do NOT disappear just because
the shorted stock came back down in price. And the particular investor of interest, the one who owes $106,000,
saw his total account value go into the red, at which point his broker liquidated all of his remaining assets. In short,
you cannot escape a margin call by waiting a few days to pay it, hoping the short stock will decline in price. That's
a no-no.