This was a painful stock to watch for many that were short early on.
I shorted this with a small position and just took profits. I wanted to assure a green day and be aggressive to take gains.
I had no idea that i would drop straight down all day to 2.25.
It's a good lesson to leave a bit on the table and just let it run with a stop just below entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-08 09:51:11 | DNR | sell | $3.330 | short |
2016-03-08 09:57:36 | DNR | buy | $3.200 | short |
2016-03-08 09:57:36 | DNR | buy | $3.200 | short |
2016-03-08 09:59:34 | DNR | buy | $3.130 | 0 |
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