Benefit of hindsight - when this was posted it was just before a local peak and thereafter there was a drop over two months of approx 30% - so nice little earner if picked the timings.... but stock recovered since then and compare to April entry point the share price is now up about 20% so if not actively traded then would at a loss (if shorting)
Conclusion: need to watch markets like a hawk if playing opportinitisically
Benefit of hindsight - when this was posted it was just before a local peak and thereafter there was a drop over two months of approx 30% - so nice little earner if picked the timings.... but stock recovered since then and compare to April entry point the share price is now up about 20% so if not actively traded then would at a loss (if shorting)
Conclusion: need to watch markets like a hawk if playing opportinitisically