Shared by
foldelinio_BOWS
Stop: 19.50$
R: 5.4
Dividend: 0.39$
Dividend was anounced in Feb, so dividend surfers started to buy.
Yesterdays close was actually 19.58$ but it was market up last second to 19.84$ on a couple of shares to form a nice green candle :)
Magic price was therefore 19.13$ and I managed to snack a bid above directly at the open.
It tanked a dollar and I started to reload a little too early. I really had a hard time not to puke out when it ticket up on size, but once the 18.60$ bid looked like it was dropping, I added again.
I scaled out at LOD and kept some lotto shares. Wanted to scale back in again, but the stock dropped dead. Litteraly not a single tick for minutes. It was boring and nerve wrecking at the same time. Lost my cool towards the close and bailed out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-26 09:32:40 | NEWT | sell | $19.250 | short |
| 2015-03-26 10:04:28 | NEWT | sell | $18.200 | short |
| 2015-03-26 10:54:53 | NEWT | sell | $18.600 | short |
| 2015-03-26 11:35:02 | NEWT | buy | $17.940 | short |
| 2015-03-26 11:40:44 | NEWT | buy | $17.850 | short |
| 2015-03-26 11:41:33 | NEWT | sell | $17.898 | short |
| 2015-03-26 11:46:05 | NEWT | buy | $17.750 | short |
| 2015-03-26 12:28:12 | NEWT | buy | $18.140 | short |
| 2015-03-26 12:49:15 | NEWT | sell | $18.104 | short |
| 2015-03-26 13:26:07 | NEWT | buy | $18.112 | short |
| 2015-03-26 15:15:22 | NEWT | buy | $18.070 | 0 |
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