$386 Profit
WShort Stock
magnaj

W has risen exponentially on optimistic sales rev and e-commerce growth during pandemic and after the COVID-19 market pull back in May 2020. It's seems temporary hype. Could have been wrong since W had grown on real dramatic increase in sales. But it had fluctuated too much. From $25 at lowest in 03/2020 to $180 in 05/2020. Shorted it well! Bought back too early. The move down was all the down to $145 (20%). I bought at $160 from $180.

000

DatePrice
Entry5/15/2020179.29
Exit5/18/2020160.00
  • Total Views80
  • Position Size20
  • Percentage10.76%
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