-$578 Loss
FCCNShort Stock

#4 short on this over extended OTC ticker. Checked on the overnight borrow fees while away on holiday, and discovered that TZ had jacked up the cost from about $3 per night for 300 shares to over $80 per night (an increase of 2500% in one day). By the time I discovered this, I had paid around $900 in borrow fees, was forced to exit for a bigger loss than expected. Didn’t downsize as it kept going higher on the 2nd, as I had gone to bed early for work the next day.
Newsletters:TimChallenge
Broker:TradeZero
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| Date | Price | |
|---|---|---|
| Entry | 6/26/2024 | 1.982 |
| Exit | 7/24/2024 | 3.138 |
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- Percentage-58.32%
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