American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States.
The share price fell after California public universities announced they will maintain primarily online education in the Fall. It looks like it will continue falling.
The demand for shares of the company still looks lower than the supply.
So I opened a short position from $26,75;
stop-loss — $29,38.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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