Attempted short squeeze. The real squeeze point for this stock seemed to be $47.50 but it had a mini-squeeze around $47.30. I took it there to anticipate the breakout but it never worked so I got out flat when the squeeze failed. This probably would have worked better if the market were there to back it up a little bit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-11-15 13:33:43 | NTES | buy | $47.300 | long |
2012-11-15 13:33:53 | NTES | buy | $47.300 | long |
2012-11-15 15:08:49 | NTES | sell | $47.305 | 0 |
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