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SINA Corporation (NASDAQ: SINA). June. Short. +2.22% On Invested Capital.

Jul. 04, 2020 10:00 AM ETSINA Corporation (SINA)
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Summary

  • Investors are very fond of the result.
  • I propose to calculate the potential profit for June.
  • The forecast were printed on May 31, 2020.

June 24

Short

Volume position 1000 shares.

Position opening: $ 36.00.

$ 36.00 x 1000 shares = $ 36,000. This is the invested capital.

Stop Loss: $ 36.50

June 26

Closing position June 24

$ 36.00 x 1000 shares = $ 36,000

$ 35.20 x 1000 shares = $ 35,200

$ 36,000 - $ 35,200 = $ 800. This is 2.22% on invested capital.

Profit for June.

$ 800

2.22%

By the way. The position volume could be increased 3 times. This is for this ticker.

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