Shared by
MikeN
Wow, I did a good job on moving on an opportunity ala VVUS news, Oprah and WTW.
I saw news that "x company acquires XOMA"
But the headline was not accurate. And I DID see the 5 million figure and if I was not so rushed to action, I would have not made the trade. Went in big, too.
Sold 1/3 for a 15percent loss or so.
Hope to learn from this. 2/3 not bad, though.
And it could rise in the morning. We are all trying to decide how good the earning call news is.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-11-03 12:00:00 | XOMA | buy | $1.890 | long |
| 2015-11-03 12:00:00 | XOMA | buy | $1.920 | long |
| 2015-11-03 12:00:00 | XOMA | buy | $1.880 | long |
| 2015-11-03 12:00:00 | XOMA | sell | $1.860 | long |
| 2015-11-05 12:00:00 | XOMA | buy | $1.850 | long |
| 2015-11-05 12:00:00 | XOMA | sell | $1.690 | long |
| 2015-11-05 12:00:00 | XOMA | sell | $1.680 | long |
| 2015-11-05 12:00:00 | XOMA | sell | $1.680 | long |
| 2015-11-06 12:00:00 | XOMA | sell | $1.340 | long |
| 2015-11-06 12:00:00 | XOMA | sell | $1.330 | long |
| 2015-11-06 12:00:00 | XOMA | sell | $1.290 | 0 |
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