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RushPro808

 

UMRX

Jul 6, 2020 10:59


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UMRX

Unum Therapeutics Inc. shares quadrupled to $1.96 after the company said it has completed the acquisition of Kiq LLC , a privately held, biotechnology company focused on the discovery and development of precision kinase inhibitors, in an all-stock deal.

I thought I was done trading for the day until I logged back into TOS for a second and noticed my scanner had something moving quick... looked at the headline on this about 5 minutes after it dropped and was able to but in with what I had remaining and ride the wave. Originally traded AYRO, sadly I sold at $6.00 and missed out on the jump to $8.81. Either way it was still a good trade.


Execution detail:

Date/time Symbol Side Price Position
2020-07-06 10:59:09 UMRX buy $1.230 long
2020-07-06 10:59:09 UMRX buy $1.215 long
2020-07-06 15:46:04 UMRX sell $2.220 long
2020-07-06 15:53:02 UMRX sell $2.330 long
2020-07-06 15:53:02 UMRX sell $2.330 0


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