Shared by
wolfgtweb
I was up $240 at this time. I should have just ended the day and walked away. But, no. I saw this stock dumping and thought I could get a piece. The setup looked decent but what I didn't pay enough attention to was the volume. It was way too low to be throwing 2000 shares at it. But I did. Got in at 7.30. Which was a bad entry to begin with. I chased it. It went the right way for a couple minutes, but only 2 or 3 cents. Then just creeped back up. Stopped out at 7.40 which slipped to 7.41 because of the lack of volume. I was lucky there was some decent volume at that moment, it could have been a lot worse.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:29:17 | ULBI | sell | $7.300 | short |
| 2021-03-10 10:57:25 | ULBI | buy | $7.410 | short |
| 2021-03-10 10:57:25 | ULBI | buy | $7.410 | short |
| 2021-03-10 10:57:25 | ULBI | buy | $7.420 | short |
| 2021-03-10 10:57:25 | ULBI | buy | $7.380 | short |
| 2021-03-10 10:57:25 | ULBI | buy | $7.420 | 0 |
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