Hi everyone. It has been a while since I posted on here. I have been training and practicing options and I have been able to make a little bit of money using various metrics and targeting companies that are dying out and I plan to make a little but of money out of them. I plan to revisit this play in March 2018 or sooner if I exit sooner.
Some of the training I got is from Gregory Manorino.
Let's begin.
I am going to short this small stock that I used to see during late night TV shows advertising the device to be the savior to phone calls and bullshit like this.
MAGIC JACK blows and I am going to short it with stock options. TICKER SYMBOLS is CALL
Here is my evidence as to why its a safe and cheap investment with little downside and good upside to make money.
Notice that is has done nothing but go down and down... and some more down.
Even analysts are projecting this shit to go down even further.
Another screenshot of pro rating agencies saying... FUCK THIS SHIT... EXIT ASAP
Also, I believe I see a deathcross forming here.
Here is how I plan to short this shit with 100-200 dollars. If you guys want to short with less, just to test this out along with me, you can use up to, 25 dollars, maybe 50 if you want to be risky.
Only put in what you are willing to lose. I am simply putting in 100-200 dollars max simply cause I think this is a safe play.
There is nothing but bad news for this stock...
AND..... in case you wanted reassurance that they books also show how fucked they are, look below...
Thank you everyone. I plan to revisit this play in March 2018 or sooner if I exit sooner.