Shorted 100 shares at $66.90 close to the same time I shorted $FEYE so I was trying to take advantage of two falling stocks. Having just lost -$24 on my $FEYE short was I glad to see this crack below $66.50 and placed a buy limit order at $67.01 that never got hit....I kept moving it lower as this stock fell to make sure I'd close out with some profits. I finally covered at the first bounce spot wanting to lock in some gains. I then reshorted another 100 shares right after it bounced once it failed to make a new high and covered again at $66.17 when it bounced higher the 2nd time. I need to learn to let these play out a bit or sell half allowing my short to play out. I was still out of these two trade for a gain of $76.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-04 09:38:27 | SPLK | sell | $66.900 | short |
2014-04-04 09:41:31 | SPLK | buy | $66.230 | 0 |
2014-04-04 09:42:21 | SPLK | sell | $66.260 | short |
2014-04-04 09:47:55 | SPLK | buy | $66.170 | 0 |
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