OSTK this name is headed for a SEVERE DROP of over 50%
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We posted this a few weeks ago with OSTK at about $60 today it closed at $40 and NOTHING has changed. We're still looking for $25 on this name. #trading #stocks #fintech
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We called this SHORT at about $60 a few weeks ago it's now at $35 still looking for lower but this is a home run already and we will start to cover soon.
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We haven't covered yet but if you took this trade with us at $60 with deep in the money puts you have a serious profit already so you might want to cover here.
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Don't let any small bounce in this name this week along with the market fool you - this name is headed sub $25