Shared by
ckz8780
Continuation short play. In a weak market the stock opened green and originally I was going to play this as a green to red play, but it formed a nice base right around 17.80 and then cracked the base, so I shorted there and decided I would cover partial at the "go red" point in case it didn't work. Good play overall but should have gone in a little bigger. I could have handled 600-800 shares and really made some moolah on this thing.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-07-23 09:38:34 | GORO | sell | $17.810 | short |
| 2012-07-23 10:08:15 | GORO | buy | $17.390 | short |
| 2012-07-23 10:09:41 | GORO | buy | $17.190 | short |
| 2012-07-23 10:33:29 | GORO | buy | $16.605 | short |
| 2012-07-23 14:10:08 | GORO | buy | $17.250 | 0 |
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