Dine Brands Global, Inc. (NYSE: DIN). January. Short. +10.38% On Invested Capital.
Summary
- Investors are very fond of the result.
- I propose to calculate the potential profit for January.
- The forecast were printed on January 03, 2021.
January 27
Short
Volume position 1000 shares.
Position opening: $ 77.00.
$ 77.00 x 1000 shares = $ 77,000. This is the invested capital.
Stop Loss: $ 78.20
January 29
Closing position January 27
$ 77.00 x 1000 shares = $ 77,000
$ 69.00 x 1000 shares = $ 69,000
$ 77,000 - $ 69,000 = $ 8,000. This is 10.38% on invested capital.
Profit for January.
$ 8,000
10.38%
By the way. The position volume could be increased 3 times. This is for this ticker.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.