Shorted this hoping for a sympathy play with dump in oil as they are an oil shipping company. It didn't dump so I covered and ran for the hills.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-29 14:09:24 | GLNG | sell | $33.730 | short |
2014-12-29 14:24:51 | GLNG | buy | $33.870 | 0 |
Yeah, there was not really a setup on the chart and it was a stupid trade.
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I dont really see anyting here for a short. It had just dropped 80 cents 10 minutes before it needed more of a dead cat bounce at that point.