75.63M float/4.40% short float/76.90% institutional
Playbook: Company is rumored to aquire some company. Bloomberg exclusive story, no further info. Stock gapped up to 52W highs. I will be looking to short into parabolics intraday. Some news are due today, so I'll have an eye on $CHTR - twitter search
Stop: 197$
R: 0
Stock looked pretty strong in the morning so I decided to buy it instead of shorting.
My entry was very sloppy and I scratched at the failed HOD - test. Stock was super thin and with rumors and pending takeover news, I did not want to risk further trades.
Execution detail:
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