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JackarooJan 25, 20 9:11 AM
Huge thanks to @kylecw2 @MichaelGoode & @TimLento for teaching me how to short promotions.
$13,391 Profit
RIVXShort Stock
I wanted to push size on this OTC promotion and try for my biggest gain because it was an A++ play. I slowly started shorting the uptrend as I located the very few shares there were available. I got full size 11/22/19 and the stock went for another week, then had a massive dump. I was celebrating my victory, but the promoters decided to continue the pump for another month! I sat through the pain because I knew the inevitable ending for RIVX. I will never forget this trade! Onto the next.
Newsletters:TimChallenge
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| Date | Price | |
|---|---|---|
| Entry | 1/1/2020 | 5.41 |
| Exit | 1/23/2020 | 0.25 |
- Total Views1,215
- Position Size2,600
- Percentage95.38%
Proof
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JackarooJan 25, 20 9:23 AM
and of course, @timothysykes ;)
ChaddoJan 25, 20 9:30 AM
Balls of steel Jack! Very well done mate! And thanks very much for your commentary in chat!!
GT500Jan 25, 20 10:54 AM
can I ask what broker?
GT500Jan 25, 20 11:01 AM
I would love to see where you get free borrows as here look like there was no commissions?
timothysykesJan 25, 20 11:49 AM
SO AWESOME!
JackarooMar 23, 20 8:15 AM
FYI, I changed the entry date from 11/8/19 to 1/2/20 so I could see my YTD stats on profit.ly including RIVX.
