TX Trade on May 8, 2015 09:31 from foldelinio_BOWS: Tradervue User Stock Trades.

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foldelinio_BOWS

 

$TX: 48.92M float/n.a./n.a.
90cts dividend + earnings miss a couple of days ago. Looking to short this. Highly illiquid, so I might skip it if spread is too wide.

YClose: 20.62$
Div: 0.90$
MPrice: 19.72$

Stop: 20.50$
R: 0.3
I scaled in small above magic price but stock kept rising. Added twice into the push and waited for the flush below YClose - Div, but it never really came. This made me quite uncomfortable, so I scratched the trade.

It traded back down to my target on very little trading, so I was ok with the exit, because the setup did not work out as it's supposed to do this time.


Execution detail:

Date/time Symbol Side Price Position
2015-05-08 09:31:04 TX sell $19.980 short
2015-05-08 09:32:03 TX sell $20.130 short
2015-05-08 09:34:00 TX sell $20.000 short
2015-05-08 09:47:06 TX buy $19.980 0


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