In the past recent days, I've taken three small speculative positions and have kept them relatively small as an overall percentage of the portfolio.
These are positions which I've taken without doing too much due diligence and reading too much of its fundamentals due to the nature of the companies (but yes I've weighed in the risk reward probability) and both have announced big news in the past week.
Wirecard
I've written an article recently about the company (Link Here) after its scandal news were splattered all across the Internet.
After 5 consecutive days of the stock dropping from $100 to $14, my itchy hands decided to buy in a little at 200 shares @ $16.7 and I added another 80 shares @ $13.2.
My average price is now at around $15.8, and I am close to 20% down.
My thesis for...