Scaling Out of Open Door Technologies Position

about 2 months ago

Jason Calacanis

"I YOLO'd into Open Door for 50K. I just got the alert before I got on the show that my first 1,000 shares sold at $6. So when it hits $7 or $8, I'll sell another 1,000, and when it hits $10, I'll sell another 1,000 to clear my cost and then let the remaining shares run."

Jason Calacanis describes a clear trade execution for Open Door Technologies (ticker: OPEN). He outlines a scaling-out approach by setting incremental sell orders at specified price points ($6, $7/$8, and $10) to lock in profits and manage risk on his initial $50K investment.

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