News hit twitter about an orphan drug status, which cause the pop that I bought into. I picked it up thinking that it was about to run. Had a tight stop under the bottom of the pullback range. Late in the day was thinking about re-evaluating my stop as I expected a pop the next day, but had already stopped out in the meantime. Was less than half my allowable loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-18 11:04:29 | NAVB | buy | $1.370 | long |
2014-09-18 11:04:29 | NAVB | buy | $1.370 | long |
2014-09-18 11:04:29 | NAVB | buy | $1.370 | long |
2014-09-18 15:09:03 | NAVB | sell | $1.330 | long |
2014-09-18 15:09:03 | NAVB | sell | $1.330 | long |
2014-09-18 15:09:06 | NAVB | sell | $1.330 | 0 |
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