Came across this from my pre-market gapper scan. There was bad news out driving this. Based on the news and the gap I tried to anticipate the flush when the stock passed through the VWAP. I set my stop just above the VWAP. It never did really drop much more throughout the day, and I was stopped out. Bad trade, should have waited for confirmation of some sort of action.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-21 09:44:50 | AMRN | sell | $1.725 | short |
2014-01-21 09:53:09 | AMRN | buy | $1.740 | 0 |
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