Shared by
foldelinio_BOWS
131.14M float/6% short float/ 91.40% institutional
Up on Oppenheimer upgrade. Gapped to new ATH. Sexy daily, could be a runner.
Stop: 74.99$
R: 1.4
74$ was a level from the premarket and I got in really close to it with a 4ct stop for a quick 10:1 momo trade on the open...which was good.
I tried to load up multible times for a break of 75$ and got chunked, which was bad, because I gave it all back. Stock was highly illiquid, so taking offers is a huge mistake.
I should have focused on nibbling at it above 74.50$ in order to build up a position. It wouldn't have been a runner nevertheless, but instead of a loss on the reentry, I could look at a scratch or a small profit now
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-14 09:35:33 | CTRP | buy | $74.030 | long |
| 2015-05-14 09:36:25 | CTRP | sell | $74.480 | 0 |
| 2015-05-14 09:41:58 | CTRP | buy | $74.860 | long |
| 2015-05-14 09:42:39 | CTRP | buy | $74.620 | long |
| 2015-05-14 09:44:01 | CTRP | buy | $75.000 | long |
| 2015-05-14 09:45:15 | CTRP | sell | $74.770 | 0 |
| 2015-05-14 09:47:36 | CTRP | buy | $75.170 | long |
| 2015-05-14 09:49:20 | CTRP | sell | $74.810 | 0 |
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