Short disclosure
I successfully shorted RYL from 70.98 down to 66.90; trade is complete. I had a feeling the HB's would have a bounce today, and they got it. RYL is back up to 67.64 now.
This was not an easy ride as RYL spiked to 73 before hitting my sub 68 target. I believe I also have to pay out a div which was only 0.12/share and barely affected profit.
Shorting is dangerous and should not be considered an investment ... only do it with play money.
This was not an easy ride as RYL spiked to 73 before hitting my sub 68 target. I believe I also have to pay out a div which was only 0.12/share and barely affected profit.
Shorting is dangerous and should not be considered an investment ... only do it with play money.
0 Comments:
Post a Comment
<< Home