-$264 Loss
PPDFLong Stock
Seemed undervalued compared to similar lenders QD, and $TREE + it didn’t have option trading available which led me to think greater volatility. Despite my hypothesis the Chinese tightening their regulation on micro lending practices has this in a really bearish trend. I am re allocating this 400usd into a SING swing long.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 11/14/2017 | 12.0669 |
| Exit | 1/10/2018 | 7.0926 |
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- Position Size50
- Percentage-41.22%
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