Shared by
greenspud_BOWS
I let this thing take me for a ride. Was prepared for 12 parabolic. When that failed at 1:30p I thought the breakdown was coming, but then 11 held as support. Rather than looking at the chart and decide it was getting bought at 11 I was trading my P&L and told myself I'm not going to cover until sub-10, which is unrealistic at this point. I'm concerned now how it coiled in the afternoon hours of Friday. It is likely going to gap up. I'm okay with it going as high as 13 parabolic now, but may have to cover if it keeps grinding higher. This could go 15 or 20 if whomever is pumping this keeps at it. As I'm reading up on this a lot of uninformed retail investors are drinking the Kool-aid.
UPDATE 12/22: Okay, so it started grinding up I covered, saving myself over a buck. But then I had trouble figuring out where to get back in. I didn't want to "miss" the crack so I ended up chasing a lot. I also had trouble getting good fills. Seemed every time I would drop an order near the spread to add or cover, the darn thing would move and I wouldn't get filled. So execution was a big problem today through no fault of my own - just the market wasn't cooperating with me today and I ended up getting a lot of lousy stop outs.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-19 12:39:48 | CUBA | sell | $10.550 | short |
| 2014-12-19 12:39:49 | CUBA | sell | $10.550 | short |
| 2014-12-19 12:40:16 | CUBA | sell | $10.580 | short |
| 2014-12-19 12:40:16 | CUBA | sell | $10.580 | short |
| 2014-12-19 12:40:16 | CUBA | sell | $10.580 | short |
| 2014-12-19 12:40:16 | CUBA | sell | $10.580 | short |
| 2014-12-19 12:45:59 | CUBA | sell | $11.050 | short |
| 2014-12-19 12:48:32 | CUBA | sell | $11.190 | short |
| 2014-12-19 14:09:55 | CUBA | sell | $11.340 | short |
| 2014-12-19 14:22:12 | CUBA | sell | $11.290 | short |
| 2014-12-19 15:18:00 | CUBA | sell | $11.530 | short |
| 2014-12-19 15:18:34 | CUBA | sell | $11.650 | short |
| 2014-12-22 10:20:50 | CUBA | buy | $12.040 | short |
| 2014-12-22 10:20:50 | CUBA | buy | $12.040 | short |
| 2014-12-22 10:20:50 | CUBA | buy | $12.050 | short |
| 2014-12-22 10:20:50 | CUBA | buy | $12.040 | short |
| 2014-12-22 10:20:50 | CUBA | buy | $12.050 | 0 |
| 2014-12-22 11:12:55 | CUBA | sell | $13.700 | short |
| 2014-12-22 11:12:55 | CUBA | sell | $13.700 | short |
| 2014-12-22 11:18:59 | CUBA | sell | $13.630 | short |
| 2014-12-22 11:19:02 | CUBA | sell | $13.630 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.030 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.060 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.070 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.070 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.090 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.060 | short |
| 2014-12-22 11:25:25 | CUBA | buy | $14.060 | 0 |
| 2014-12-22 11:44:16 | CUBA | sell | $13.850 | short |
| 2014-12-22 11:44:17 | CUBA | sell | $13.850 | short |
| 2014-12-22 11:44:17 | CUBA | sell | $13.850 | short |
| 2014-12-22 11:46:00 | CUBA | buy | $13.850 | short |
| 2014-12-22 12:10:48 | CUBA | sell | $14.720 | short |
| 2014-12-22 12:10:48 | CUBA | sell | $14.720 | short |
| 2014-12-22 12:14:29 | CUBA | buy | $14.700 | short |
| 2014-12-22 12:14:44 | CUBA | buy | $14.700 | short |
| 2014-12-22 12:18:13 | CUBA | buy | $14.820 | 0 |
| 2014-12-22 12:32:26 | CUBA | sell | $14.350 | short |
| 2014-12-22 12:34:33 | CUBA | sell | $14.180 | short |
| 2014-12-22 12:34:33 | CUBA | sell | $14.170 | short |
| 2014-12-22 12:34:33 | CUBA | sell | $14.160 | short |
| 2014-12-22 12:35:20 | CUBA | sell | $14.110 | short |
| 2014-12-22 12:35:22 | CUBA | sell | $14.110 | short |
| 2014-12-22 12:35:24 | CUBA | sell | $14.110 | short |
| 2014-12-22 12:46:19 | CUBA | buy | $13.910 | short |
| 2014-12-22 12:46:19 | CUBA | buy | $13.910 | short |
| 2014-12-22 12:46:19 | CUBA | buy | $13.910 | short |
| 2014-12-22 12:53:37 | CUBA | sell | $14.220 | short |
| 2014-12-22 12:53:39 | CUBA | sell | $14.220 | short |
| 2014-12-22 12:53:40 | CUBA | sell | $14.220 | short |
| 2014-12-22 13:11:17 | CUBA | buy | $14.520 | short |
| 2014-12-22 13:11:17 | CUBA | buy | $14.520 | short |
| 2014-12-22 13:11:17 | CUBA | buy | $14.540 | short |
| 2014-12-22 13:11:17 | CUBA | buy | $14.540 | 0 |
| 2014-12-22 13:15:03 | CUBA | sell | $14.600 | short |
| 2014-12-22 13:15:03 | CUBA | sell | $14.600 | short |
| 2014-12-22 13:15:03 | CUBA | sell | $14.600 | short |
| 2014-12-22 13:15:03 | CUBA | sell | $14.600 | short |
| 2014-12-22 13:15:08 | CUBA | sell | $14.590 | short |
| 2014-12-22 13:15:08 | CUBA | sell | $14.590 | short |
| 2014-12-22 13:15:10 | CUBA | sell | $14.590 | short |
| 2014-12-22 13:15:10 | CUBA | sell | $14.590 | short |
| 2014-12-22 13:17:33 | CUBA | buy | $14.580 | short |
| 2014-12-22 13:17:33 | CUBA | buy | $14.580 | short |
| 2014-12-22 13:17:33 | CUBA | buy | $14.580 | short |
| 2014-12-22 13:17:33 | CUBA | buy | $14.580 | 0 |
| 2014-12-22 13:34:47 | CUBA | sell | $14.200 | short |
| 2014-12-22 13:34:48 | CUBA | sell | $14.200 | short |
| 2014-12-22 13:34:48 | CUBA | sell | $14.200 | short |
| 2014-12-22 13:36:54 | CUBA | sell | $14.340 | short |
| 2014-12-22 13:36:54 | CUBA | sell | $14.340 | short |
| 2014-12-22 13:50:06 | CUBA | buy | $13.880 | short |
| 2014-12-22 13:50:06 | CUBA | buy | $13.880 | short |
| 2014-12-22 13:52:04 | CUBA | buy | $13.570 | short |
| 2014-12-22 13:52:04 | CUBA | buy | $13.570 | 0 |
| 2014-12-22 13:59:00 | CUBA | sell | $13.350 | short |
| 2014-12-22 13:59:00 | CUBA | sell | $13.350 | short |
| 2014-12-22 13:59:12 | CUBA | sell | $13.440 | short |
| 2014-12-22 14:00:01 | CUBA | sell | $13.280 | short |
| 2014-12-22 14:00:01 | CUBA | sell | $13.280 | short |
| 2014-12-22 14:00:02 | CUBA | sell | $13.280 | short |
| 2014-12-22 14:00:02 | CUBA | sell | $13.280 | short |
| 2014-12-22 14:00:02 | CUBA | sell | $13.280 | short |
| 2014-12-22 14:50:35 | CUBA | sell | $12.530 | short |
| 2014-12-22 14:50:35 | CUBA | sell | $12.520 | short |
| 2014-12-22 14:50:35 | CUBA | sell | $12.520 | short |
| 2014-12-22 16:00:57 | CUBA | buy | $12.210 | short |
| 2014-12-22 16:00:57 | CUBA | buy | $12.210 | short |
| 2014-12-23 08:10:29 | CUBA | buy | $12.170 | short |
| 2014-12-23 08:10:33 | CUBA | buy | $12.170 | short |
| 2014-12-23 08:12:38 | CUBA | buy | $12.170 | short |
| 2014-12-23 08:33:18 | CUBA | buy | $12.870 | short |
| 2014-12-23 08:33:19 | CUBA | buy | $12.870 | short |
| 2014-12-23 08:33:19 | CUBA | buy | $12.870 | short |
| 2014-12-23 08:33:19 | CUBA | buy | $12.870 | short |
| 2014-12-23 08:33:20 | CUBA | buy | $12.870 | short |
| 2014-12-23 08:33:20 | CUBA | buy | $12.870 | 0 |
Comments
greenspud_BOWS
Yup you were right. I covered and my avg is a little higher now. But today was rough to trade because I had some problems getting good fills on my orders. Ended up chasing a lot. Did not feel good about my trading with this one today.
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This stock did have a rest previous day which gave it more juice to move higher the on the 19th. Check the stochastic here. It is only showing 77 which is not overbought. One other thing I'm looking at is it held up pretty nicely going into the close on Friday after tapping that 11.85 level multiple times. If it breaks that 11.85 spot it could have one more run in it before it is a short.