I don't delete my posts.... but yesterday I did say i took profit, but am willing to hold out for the rest that I still have. Apple short til 0 also i still win!
For the last 30 days average refining margin, every single day - had been higher than 20 $/brl . Market got spooked by tech stocks sell off (no logic for such high PE anyway).... Such sell off will only create stronger foundation going forward. Its a good thing that its happening at such low price level of HRC... you will never regret holding on to it.
After tomorrow, you have only about 10 trading days before results.
Probability.Maybe you should monitor too the stock prices of global refineries which appeared to have peaked.Thanks for your sharing in this forum.Good luck.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2022-05-12 17:09 | Report Abuse
Didn't even use corporate account to short-sell