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PropNotes
Mar 2, 2021 7:26 PM

Liquidation In A Good Long Term Play Long

Inseego Corp.NASDAQ

Description

Total liquidation in this name today. I like the 5G story long term and didn't think the narrative changed with the earnings report. Stock pulling into an area of support. I'm short $10 puts.

Cheers!
Comments
fredhafezimd
Wipe out .bancruptcy imminent for inseego stock
PropNotes
@fredhafezimd, yeah definitely didn't do enough DD on this one haha

was able to get out with a $1 loss which isn't great, but is far less tough than a full L
migbar
excellent work. Congratulations
UnknownUnicorn4127247
Super !
trueblessin22
just hang on
entheogen
@trueblessin22, we like the stock :)
Sophisticus
Are you short a put spread or are you naked? I suggest hedging your downside as the technical side of the company is relatively young which in turn makes it hard to determine short term fluctuations in price.
MaPaC

me no like, not much room left
MaPaC
hard to determine if this really is an irrational overreaction or sb knows more than us. I think Starlink will offer 5g as well with probably much better coverage than anyone else..Im in for the bounce
PropNotes
@MaPaC, interesting thought - i hadn't considered
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