TIme to short/reduce position in RECSI

Slettet bruker
RECSI 21.03.2023 kl 14:58 641

Recis is up almost 10%.

they have to raise around 100 mil USD. Companies normally do this on the back of a good news and positive share price move. I would not be surprised for RECSI to do the capital raise tonight after the market close.

I am short now. MOst likely we have a tomorrow a pullback. We always do after such moves. If there is a capital raise tonight, we should get much better pullback tomorrow.
Redigert 21.03.2023 kl 14:59 Du må logge inn for å svare
InFusa
21.03.2023 kl 18:39 459

Did you not read the news? Did you sleep all morning?