COST: add another short positions to average up the cost of short on COST.
Great company yet at the time of very high premium paid to own this stock.
Seemed overvalued and didn't factor much of tariffs pressure on imported consumer goods that either raise price to consumers therefore lower demands or absorb price increases therefore lower profit margins.
Full impact of the tariffs to neighbouring countries Mexico and Canada as well as rest of the world is still not fully understood.
Betting on bearish mood for a very high valuation company. Trade might take some time to pan out as long as bulls add onto COST as consumer staple counters.
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