KDY 0.00% 2.7¢ kaddy limited

Got bored the day before yesterday and thought i'd T+2 day...

  1. 80 Posts.
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    Got bored the day before yesterday and thought i'd T+2 day trade it for a bit of fun. Bought 250k units when it dropped to 9.2, expecting a run back to 10c in the arvo like it has been doing. Instead it closed at 0.87 and i only had another day to settle the trade.
    Went up to about 9.2-9.3c yesterday morning and i thought f* it, i might as well just get rid of them at breakeven minus brokerage just to avoid having to liquidate other positions to cover the settlement.
    As soon as my order sold at 0.92 ($60 brokerage loss) we ran up to 11 cents with that massive buy hahaha!

    Wasnt too fussed about the loss, just thought the way it happened was hilarious. This is why im a set and forget type of investor!
 
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