Mylan and Pfizer are uniting, deal to close sometime in 2020. Mylan gapped up on this news but sold off all morning. Mid-day it was pulling in to VWAP and I saw many sellers hitting the bids. I decided to short at 20.82 with a stop at 20.94, I got stopped out. It consolidated the rest of the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-07-29 12:06:20 | MYL | sell | $20.820 | short |
2019-07-29 12:19:18 | MYL | buy | $20.938 | 0 |
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