This was far too extended going into the short. Got greedy since I had such an awesome short on it the day before. I should have realized that the probability was significantly lower today. I should run some stats on stocks I have hit back to back on two days and see how often I win on the 2nd day; I'll bet it's not very often ...
1000 shares
-$149.80 (-1.87%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-21 11:02:05 | VNDA | sell | $8.040 | short |
2013-10-21 11:21:59 | VNDA | buy | $8.190 | 0 |
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Ya, that 8 on daily looks like a tuff nut to crack, especially that extended on daily.