I tried shorting this but didn't realize zaza just didn't have the volume to get in and out of quickly so I got out for a 4 dollar gain and moved on
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-27 10:41:19 | ZAZA | sell | $3.137 | short |
2014-10-27 10:41:19 | ZAZA | sell | $3.113 | short |
2014-10-27 10:41:19 | ZAZA | sell | $3.099 | short |
2014-10-27 10:41:19 | ZAZA | sell | $3.095 | short |
2014-10-27 10:53:33 | ZAZA | buy | $3.100 | short |
2014-10-27 10:56:04 | ZAZA | buy | $3.099 | short |
2014-10-27 10:56:10 | ZAZA | buy | $3.095 | short |
2014-10-27 11:07:39 | ZAZA | buy | $3.090 | 0 |
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Good good stay way from those thin ones I headed numerous times in my career where I have five 10,000 shares of some junk stock and I can't get out of it because there's no volume and made of taking epic lost because my covering of the shares squeezes a $.20