Box Ships Inc (TEUFF)

[Blizzld]

Got out close to even..

Only thanks to the shares I bought lower after the drop.

Will look to get in at some future point.

While I like this play it is in the middle of a turf war with parties selling enormous amounts of stock into any tick up, and this is not the dilution seller either.

To me it seemed like dead money for a bit of time and after being down , I decided to exit and look to get back in lower (if that happens).

I wanted to get more stock in something else that proved a winner lately. Also just one instagram pic by a famous singer got a million likes and apparently tons of business so i figured it was a bit clearer shot in the short run.

In Box, Id look to get in if it stayed at these levels or lower and would buy on any big drops.

But between the toxic notes, the financials which I do not think will be good based on my research and this other turf war between penny flipping gangs I pressed the pause button.

Good luck to all!