![]() 11/16/2015 at 13:07 • Filed to: Race | ![]() | ![]() |
Dat Ferrari stock though
![]() 11/16/2015 at 13:21 |
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The stock has dropped continuously since being introduced, hasn’t it? That all-time-high number was the introduction price, right?
![]() 11/16/2015 at 13:50 |
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It openned at 54, hit 60 for a very brief time but has been hovering around the 50-55 mark ever since
![]() 11/16/2015 at 13:52 |
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It rebounded 4.6% last week through Thursday, but then gave it all back (and then some) on Friday. Today continues the slide. Since it opened for trading AFTER the IPO on 10/21, it’s down 17.5%.
Interestingly, today is the first day that my firm has a target price/opinion on the stock. No, I can’t share it in Oppo Lock, per FINRA rules.
![]() 11/16/2015 at 16:36 |
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LOL
![]() 11/16/2015 at 19:03 |
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I short-sold it at around 51 in OppositeStocks, maybe I could have waited. Oh, well. I still made a few thousand.