Shared by
Rashod81_BOWS
PRAN ceases to amaze me. It had a run-down then pulled back to the 11 level. I shorted thinking it would continue down. No dice.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-03 11:20:21 | PRAN | sell | $10.840 | short |
| 2014-02-03 11:20:21 | PRAN | sell | $10.840 | short |
| 2014-02-03 11:20:21 | PRAN | sell | $10.850 | short |
| 2014-02-03 12:00:15 | PRAN | buy | $11.050 | short |
| 2014-02-03 12:00:15 | PRAN | buy | $11.050 | short |
| 2014-02-03 12:00:15 | PRAN | buy | $11.050 | short |
| 2014-02-03 12:00:15 | PRAN | buy | $11.050 | short |
| 2014-02-03 12:00:15 | PRAN | buy | $11.050 | 0 |
Comments
Sayed
2014-02-03 18:32:06
Was worth a shot.
BillySee_BOWS
2014-02-03 23:08:31
Man Sorry, it I meant to type 12:05 it rebounded and never broke back above previous support (not 10:25). I didn't explain myself well at all.
kunal00
2014-02-08 23:35:54
this is a bit subjective but when i look at these i see the stock already dropped 2 dollars from they hgihf of 13 so its extension has been worked off a bit and so that negates the rubber band setup a tad in terms of explosion and probability as its 2 dollars off its high
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Yep I was trying to get shares to short around 10:00am, but couldn't get any. In the end it would have been about a $50 trade since PRAN rebounded around 10:25, and never broke support afterwards.