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clock Created with Sketch. 20/08/20
15:21
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Originally posted by meghotcop:
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WEB was my favorite stock for many months (bought at $13.40, then at 11.36, then at 12.50, participated in the CR,then again at 8.58, than max allocation at latest CR, finally sold $3.92 the whole lot). Ended up with a small gain (at least loss avoided). I think they have a very competent management. ... But, in the current environment, it is a bet about how quick or safely a vaccine of cure can be found against COVID, against the time frame of how long WEB can last, i.e. no travel = no WEB. WEB would need to hold out at least 18 months (the time frame I guess for a SAFE vaccine). I feel a little bearish at these price levels.
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How'd you manage to make a gain out of buying in at 13.40, 11.36 and 12.50 and selling at 3.92?
(20min delay)