What specifically was accurate?
I agree that it will likely be sold off in a decline, that's why the position is hedged with short QQQ and my overall portfolio has non-recourse leverage through equity derivatives for this outcome.
I guess it's a stylistic difference in that there's a lot more money lost waiting when the sentiment is severly negative as it is in this case, than their is to be gained from trying to get the bottom in the share price exactly.
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What specifically was accurate?I agree that it will likely be...
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Price($) | Vol. | No. |
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1.125 | 39 | 1 |
1.130 | 884 | 1 |
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