Profit: $360
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-22 14:44:28 | BCRX | buy | $3.610 | long |
2013-07-22 15:26:20 | BCRX | sell | $3.700 | long |
2013-07-22 15:35:50 | BCRX | sell | $3.790 | long |
2013-07-22 15:49:41 | BCRX | sell | $3.700 | 0 |
nice, i tried this one too. it ended up working out but i think it was a bad trade in hindsite. Kunal reminded me that on stocks that are extremely extended like this one on the daily.. people tend to dump them towards the end of the day. so there is really no point in buying it like we did, when its highly probable that it will get dumped eod. People dont want t hold it overnight in case of gap down
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not a good entry, but nice exit