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Another crypto play I had on Ripple. Really, I want to hold these plays for the very long term. Started to get very impatient with these plays as BTC had the run last week and everything moved with it. My average fill price was .560475 with a true position size of 594.08981. Will still watch for a re-entry.
+$ nice little swing here after taking out a decent profit previously. Still runs more possibly and will defo look to get back in IF the momentum dies off. Key date for the special meeting should be the next catalyst and would like to be in before that. Regardless stuck to my strategy and booked profits :)
Swing trade, thesis was that TOPS had just regained min. bid compliance & announced they wouldn't do any dilution or offerings for a year to stabilize the price. Figured they wouldn't just let the price fall back under $1 & risk becoming non-compliant again. Also shippers historically make their move near the end of the year & others in the sector were doing R/S lowering their floats, potentially setting up shippers for a run.
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