Seeing CXMT rebound in the evening, I went in short again a little. The ultimate goal is a market cap of 2.5 trillion, which is roughly the price range between 5.3 and 5.6. Of course, I actually thought my previous close-out at 3 trillion was a pretty reasonable range—thinking, “Locking in profits!” But then I thought again: I got an allocation in the lottery. This is essentially hedging—short, short, short!

CXMT7.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-e460b6f8
· 07-25 22:58
Feeling great—I didn’t get into the subscription, but shorting at 7.2 is also very comfortable.
View OriginalReply0
  • Pinned