Contextual immersion trading strategy idea.
Radiant Logistics provides third-party logistics and multi-modal transportation services company primarily in the United States and Canada.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position...
Radiant Logistics, Inc. is a third-party logistics and multimodal transportation services company. It offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less than truckload (LTL) services, and intermodal services. It operates through the geographical segments: United States,...
Still convinced that most stocks will dump the pump on earnings, decided to throw a couple of hundred bucks at out of money ($5) puts for kicks and giggles. This is an all or nothing play, no guarantees.
If support holds or increases before the next earnings release on 9/28 it may have a positive outcome. Short interest has been decreasing since July. "Radiant Logistics Inc (NYSE:RLGT) was the recipient of a large decrease in short interest in August. As of August 15th, there was short interest totalling 989,854 shares, a decrease of 8.3% from the July 29th total...
