I participated in Citron's Twitter Livestream this afternoon and watched LMND react.
I'm no expert in the ticker for sure, but he made some common sense and compelling arguments that IMO were not going to push the stock up. Why would you be longing the stock at this point?
Price action was trading up during the livestream and I'm assuming some short covering on this 'catalyst' which I risked off the HOD and took a bit of pain before it dropped.
Could have added on that bounce to $153 and with my entry at $153.50; would have been a textbook add IMO.
A little gun shy on my first date with LMND.
Happy with that exit. Spready.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-15 11:37:41 | LMND | sell | $153.500 | short |
2021-01-15 12:28:02 | LMND | buy | $149.010 | 0 |
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