Riding The Gravy Train: Covering PLCE

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, March 12, 2020

Covering PLCE

We're short PLCE from $102.50 since last summer.

It closed at $33.87 today, representing a gain of 67% in 10 months, and while we won't be surprised to see it go far lower someday we prefer to step aside for the time being.

Perhaps we'll short it again in the future.

Buying PLCE to cover at the open.

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We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or publicly traded companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

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Riding The Gravy Train

Thursday, March 12, 2020

Covering PLCE

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