Not really. They had a thesis and it was playing right into their hands. Not too different to a long that bought at $4 and price goes to $30 in a short period of time. It’s not stupid to think it could go higher just greedy. I own Afterpay for $6 and it’s gone to $49 in a very short period of time. I’m not selling. I should I think as it’s price is high. Think I’m being greedy but not stupid holding a very good company. VGI thought the opposite of that. $30 to $4 on the back of a virus that completely destroyed CTD (that they rated as a bad company in the first place) and other travel companies revenue. Whose to say CTD weren’t going bankrupt. But as soon as CTD released an update to say they would surivive they should have sold out. Got greedy. Can’t believe I’m posting in support of the vultures.
CTD Price at posting:
$12.16 Sentiment: Hold Disclosure: Held
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