I longed this thinking a squeeze was due and got very lucky I was micromanaging this trade or I could've lost quite a bit if I didn't stop out. The stock dumped instead of squeezing to the upside. I sold off in two parts into a small bump up for a quick profit scalp.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-01 09:41:16 | GDP | buy | $5.800 | long |
2014-12-01 09:44:23 | GDP | sell | $5.960 | long |
2014-12-01 09:48:49 | GDP | sell | $5.880 | 0 |
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