Lesson: Don't ignore the volume-this would have been a much bigger gainer if there were any liquidity in the issue.
The fil was $3.70 so the gain was +7.25%, I made 3-4x that with the non-leveraged TLT because it had liquidity.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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