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Jen***com

09/16/2020 23:52

$Eastman Kodak I remember how many people said that this was going to plummet after it’s first big day in eary August. I agreed and took a short position during Premarket hours after it had jumped from mid 2’s to $13 and appeared be heading downwards.
I drove to work and checked my account when I arrived. That was the day I lost half of my portfolio and let me tell you- I will NEVER short another stock again. It wasn’t a small loss either.
Im an honest person and while I took a small position in Kodak today, my intention is to keep you from doing what I did. The truth here is that this could go either way, but it is much better when you don’t risk money you don’t have because let me tell you from experience- a margin call can screw you within an hour. Had etrade waited 2 days to sell my shares, I would have made a lot of money. AND I have never told anyone about it- including my husband. I am just praying I will recover before he inquires about our stocks. Damn did that feel good to get off my chest!
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(5)

Mr.Valentine09/17/2020 01:38
next time buy a put. 😉🕵 only risk what you spent. 👌

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Denver Robb09/17/2020 00:02
your good and just tell him we all make mistakes if hes the man your supposed to be with yall get through it no prob🤠😎💪💪🚀🤑🚀

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RKT09/16/2020 23:57
hope you are able to make some margin in your other portfolio or find a way out.

good luck, plz take care.

Jen***com09/16/2020 23:58

I luckily had enough cash to cover the call, but its gone now!

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Jen***com09/16/2020 23:56
And yes, I do realize I said I was an honest person and that I am hiding a secret from my husband in the same post. I guess I should say that I am TYPICALLY an honest person.

Denver Robb09/17/2020 00:01

its ok we understand just make it back. get the feel of the stocks and when one that is very voiltile when you see its abnormally low jump in

sin***com09/17/2020 00:00

lol 🤣 I was thinking the same thing but I don't wanted to make it awkward

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904****07609/16/2020 23:55
bro the stock did crash abruptly. you must live in never never land because it went from 60 back to 5. kodak isn't some blue chip company. they are trash just like your lame testimony.

Jen***com09/17/2020 00:00

Also, I’m not a bro.

Jen***com09/16/2020 23:58

Thats what I expected last time too because it did crash for a bit after its first spike. Then it recovered hard!

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