wheeheepoh
07-07
$Pony AI Inc(PONY)$ 

Closing out positions that I had averaged in earlier at a lower cost. Decided to trade ranges instead given how fragile the market is right now.

PONY
07-07 17:52
USPony AI Inc
SidePrice | FilledRealized P&L
Sell
Close
13.00
1,838
+1.22%
Closed
Pony AI Inc
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Comments

  • wheeheepoh
    07-07
    wheeheepoh
    To clarify, I've never said that price was cheap, only that there are good entry points. I don't believe cheap prices exist for loss-making companies.

    I've closed out some of my positions as I've seen my profits erode away too many times now. My TP was set too high, which seems unachievable at this point.

    I am still bullish in the longer term but given the current sentiment and market conditions, I think the better play for now will be to trade ranges till it breaks out.

    @Cliftob

  • Cliftob
    07-07
    Cliftob
    I thought you said the current price is cheap
  • Cliftob
    07-07
    Cliftob
    May I know why did you close the positions?
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