$586 Profit
ITHUFLong Stock

Entry comments: pot stock, the company has financial problems but with upcoming legislation called "Safe Banking" trying to be pushed into the next stimulus bill, the company will be able to continue to grow. it is one of the few cannabis companies that has multi state operations. i plan to swing this for days/weeks and sell near the talks of the safebanking act in congress.
Exit comments: sold throughout today because it had good news overnight. entry price is larger because of a wash sale (just learned what that is). i had 10,000 shares but only sold 8,500 because i think this thing will keep going and i want to be able to bring my average price down just in case my thesis is correct while still locking in some profit today.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 2/2/2021 | 0.219 |
| Exit | 2/3/2021 | 0.288 |
- Total Views112
- Position Size8,500
- Percentage31.51%
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