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Generex Biotechnology Corp GNBT
(Total Views: 313)
Posted On: 03/12/2020 1:15:34 PM
Post# of 36568
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Posted By: tc2000chartreader
So, as I have said, I will take money off the table to use elsewhere to get a momentum buy. I sold some shares 40 minutes ago and bought AAPL call options. 10 minutes later the market cut their losses more than in half and I could have sold the AAPL calls for about $2K profit. I decided to hold because I think something big will happen. The calls I bought were the May 15th $300 calls for $7.90/each. I have 2 full months on them and I think we will get a rebound by then. I do have a sell order in for $16 today, so I would take a double for the day if we get another bounce up.

I am just letting you all know the more we sit here not doing anything, there is a whole other market that we can make money in. I can always buy back in with the profits, maybe.













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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.



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