A week later.
Friday, April 15th.
In the morning, I got a letter from Derec.
I opened it, unfolding the neatly typed report inside.
"
Immortal Investments
Rundown as of April 12th
The leveraged spot position: We hold 4,012,000 shares of Cal-Maine, acquired at an average of $2.21. The current value of the position stands at $32,176,240.
Cash Reserves: Our cash position stands at $3.2 million, up from $3.1 million in March.
...
Derec Johnson
"
The investment in Cal-Maine was paying off much faster than I had anticipated, but I was expecting the stock to rise another 500-1000% in this year alone.
This was only the beginning...
Over the last week, I dug a little deeper into some moves that China has been making, especially in light of the new, unexpected relationship with USA.