+$689 Daily put it an ugly candle for the day and looked like supply was starting to come in. After Hours TASR was on Fast Money and got back up to $24 ish (Days' Resistance). I shorted 500 shares. Had to chase down a bit with 2 separate fills. The thesis for this trade was that sellers would be present after the Fast Money appearance. No catalyst to continue speculative buying "in a sense"
Woke up this morning to a downgrade by JPM. So I just covered the position.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-02 17:36:00 | TASR | sell | $23.810 | short |
2014-12-02 17:44:00 | TASR | sell | $23.730 | short |
2014-12-03 07:01:00 | TASR | buy | $22.400 | 0 |
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