Feb. 12, 2021
I purchased back 1000 share of CTRM stock at price of $1.47. I like to continue to work on research on this momentum stock, what I should learn from my own experience. I also like to work on more equity research.
Analysis - Seeking Alpha
Here is the article.
Here is the summary
- Small Cyprus-based shipping company has emerged as one of the leading momentum names with the stock up more than 500% year-to-date on massive volume.
- short sellers - Google it
- propel the stock - mid-teens to $500
- Neo-brokers like Robinhood - ?
- new generations of investors - am I one of them?
- care about existing concepts of corporate valuation - Need to calculate my risk - CTRM corporate valuation?
- outsized returns - more or less coordinated effort - I do think that it is true to get 100% for my investment in less than two months.
- CTRM - up 500% in 2021 from Jan. 1 to Feb. 12, 2021