Was on the gap scanner and I wanted to short the stock. While at work I tried shorting but the tradestation said I wasn't able to short eventhough I was approved to do so. I called and said for some volatile stocks they turn off the shorting process. I thought that if there a not as many people shorting then this has the potential to run. Soon after it spiked up and got halted. After it resumed it continued to spike up so I jumped in and it started moving sideways. I got out with a small profit because I wasn't sure if it was going to drop. As soon as I got out it spiked up again and I jumped in with a smaller size. It spike up for a good gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-20 10:10:06 | CGIX | buy | $6.130 | long |
2019-11-20 10:16:02 | CGIX | sell | $6.170 | long |
2019-11-20 10:20:10 | CGIX | sell | $6.150 | 0 |
2019-11-20 10:21:33 | CGIX | buy | $6.530 | long |
2019-11-20 10:25:21 | CGIX | sell | $7.250 | 0 |
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