The $50k Challenge Update 9 – 17/04/2020
Stock Code: IP1
Shares Sold: 226,545
Share Price: $0.013
Profit %: 59% (average)
Profit $: $2,039
Reason for Selling
Like most micro cap stocks, IP1 has taken a big hit due to the coronavirus share market falls. Has had a surprising 300% run today on the back of no news. Based on the potential revenue impact due to coronavirus combined with the dropping cash levels, I’ve decided to lock in my gains and reduce risk.