Indecisive market, how to tread lightly.
9/13/23 Prospero.Ai Investing (58th) Mid-Week Edition
Happy Wednesday everyone!
Update on BGXX
We noted it could be risky with its 50+ Net Options Sentiment and it went the other way (up for our Bear pick) quickly on us. We are holding on, as we should have in retrospect with XRX which we held for a 1+ months and it finally reversed in price as we were waiting/expecting it to. (Down almost 10% in the last 2 days)
But that is how it goes sometimes. Hopefully the hold on BGXX will pay off. We may still look to exit soon and will send an alert to our paying subscribers for this letter as well as our Trading Letter because it is in our Model Portfolio.