GME --> MICHEL BURRY --> GOOD BUSINESS.

21 de fev. de 2020

Hello dear Gamblers,

This is a risky strategy but as a risky investor, I think is good to point out that GameStop did his 3rd floor and I am able to say that I entered at a price of 4.6. Appart from that, the price is way below 100 and 200 MA and it has a lot of upside potential.

STRATEGY

Long until 0.618 fibbo targeting 40+USD
Stop around 2.5 USD
5% positioning
This is a reversal trend trade, it will take long until one is able to see profits, please, stay away if you are conservative type.
Investment horizon 4years.

Have a good one for me and always remember that I am no financial advisor neither I pretend to be,

BeniGo

27 de fev. de 2020

Trade fechado manualmente

Dear Gamblers,

I closed this trade yesterday. The reasons are mostly the coronavirus sell off. Think in the other way around, a major sell off which is probably to occur, will cause panic sells around the globe and the stocks that will get the punch harder will be smallcaps + the losses that could derivate from that would be hard to achieve in the near future and i don't want to get stuck in one stock that needs a structural business change in order to survive.

We will have better chances to long small caps after, now i think the worse is yet to come.

Looking to long MSFT at really lower prices.

Stay safe,
BeniGo