ALTR Trade on May 18, 2015 09:33 from foldelinio_BOWS: Tradervue User Stock Trades.

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foldelinio_BOWS

 

299.83M float/2.80% short float/92.50% institutional.
Takeover rumor + gapping into ATH resistance at 50$. Large seller prmkt seen at 47.50$, support at 46$.
Don't really know, what to expect from this. ATH is really old, but 50$ is a huge level. No names in the press release + seller is screaming SHORT ME!, but technical players will buy into it for sure. I'll watch it trade and probably buy the 47.50$ crack.

Stop: 47.80$ for all trades.
R: -1 all trades

47$ was a really strange level on the tape. $ALTR showed strengh premarket, although there was a seller at 47.50$. On the open, a hidden buyer was at 47$ for almost a minute, I joined, he dropped, but stock was bought quickly. I tried to buy the 47$ remount another two times, but no success. Ramp came into the close.


Execution detail:

Date/time Symbol Side Price Position
2015-05-18 09:33:18 ALTR buy $46.950 long
2015-05-18 09:33:59 ALTR sell $46.710 0
2015-05-18 09:40:26 ALTR buy $47.020 long
2015-05-18 09:43:11 ALTR sell $46.830 0
2015-05-18 10:11:21 ALTR buy $47.010 long
2015-05-18 10:14:01 ALTR sell $46.890 0


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