
Entry comments: Been watching STAA for a while now (on my short list). I noticed yesterday it had crept up to resistance, and that today (after market close) it was announcing Q4 (and Year End results). I decided to short because of recent bad news and it was at key resistance. I took a chance. Results were negative and after hours it's down 30 cents. Hopefully the decline will continue tomorrow. Would be nice to get $1 a share (given my small position), but I will need to watch level 2 to get out near bottom.
Exit comments: Had a minor issue with suretrader. I wanted to cover an dit would take my order at the limit price, so I entered another one (I was going to cancel the first), but then BOTH were placed. So then I had to sell the extra shares I bought. It ended up costing me some $, but I still made profit. A nice trade ... and a nice setup.
| Date | Price | |
|---|---|---|
| Entry | 2/25/2015 | 6.91 |
| Exit | 2/26/2015 | 6.705 |
- Total Views343
- Position Size400
- Percentage2.97%