I'm Still Short

12 thg 10, 2020

Good Afternoon,

This is just an update on the JKS situation. I shorted some more this morning, bringing my average price up a LOT. I think a more 'correct' short opportunity will come once this trendline breaks, but generally I'm still bearish and might add more short in the event of a waterfall. This company simply isn't worth it's current price.

22 thg 10, 2020

Ghi chú

Just a quick update on this one, I finally covered my short today this afternoon. It was one of the most painful trades I've taken for quite some time, but I'm still ending green on it.

As it continued it's ramp up, I shorted at 69, and then I shorted a large quantity at 78. The run up to 90 this morning / last night in non-market hours was quite painful, but it finally took a dip and I'm just glad to be done with it at this point. Net of everything, My cost basis short was about $72, and I covered the short this afternoon at 68.5. The hardest 3.5 points of my life. Some lessons learned here for myself going into the future.