They rejected the $14 dollar buyout, which in turn lets investors know they think its worth more. But the daily 200 sma was at 8.85 and still never closed over it on the 5 min candle. It was indeed a scalp trade was on my lunch hour.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-15 13:04:19 | TA | sell | $8.660 | short |
2016-06-15 13:04:44 | TA | sell | $8.790 | short |
2016-06-15 13:05:20 | TA | buy | $8.465 | short |
2016-06-15 13:06:16 | TA | buy | $8.560 | 0 |
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