SXL Trade on Mar 11, 2015 14:54 from foldelinio_BOWS: Tradervue User Stock Trades.

160M float/0.1% shorts/45% institutionals

Playbook: "Down on secondary offering of 13.5m @ 41.76$. Tier one banks are included"

Should not have merged the trades...tradervue acting funky.

1st trade:
Stop: 4.15$
R: -1
40.10$ support dropped the first time for 2 hours. joined the offer with stop @.15 and got whiped out.

2nd trade(s):
Stop: 39.99$
R: 1/4
40.00$ was a very strong support. There was an iceberg displaying 1000 shares from 11:30 am untill 10mins before the close. This order soaked up every single trade, from 300 shares to 100K shares. I suppose this order to be from one of the underwriters, who didn't want the stock to drop below 40$ on the news. There wasn't much opportunity, as the stock dropped dead after the opening, but before the close I decided to frontrun the order with a 1ct stop.

I scalped twice before the order was pulled followed by a quick drop to 39.80...and the dude bought everything down there and closed the stock above 40$ again XD. Nice play.