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  • Writer's pictureKumar

HUGE WINNER IN $STMP

Stamps.com must be the worst stock in the market.... no kidding it dropped from $300 to $45 dollars, and majority of that slide took place within the last 3 months. This company's leadership looks weak as they've dropped USPS deal without any back up plans. Who knows what they will do now. We grabbed last minute understanding of this huge mistake by the management and no recourse over the past 3 months and lost hope for this company... so we decided to take a short position last minute. With 300 SHARES short at $83 dollar average... it is now $45 dollars as of today. This is a PROFIT of $11,400 .... Ridiculous!


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