$40 Profit
USATShort Stock
Shorted this overextended stock that was delisted to the OTC and ran for 3 days. Shorted the morning breakdown of $7 after it proved it can hold red. Goal was a quick morning panic to cover into since I did not love the liquidity and spread on this name. Missed full fill, but got some shares and covered when mid 6.70's and low 6.80's wouldn't crack. My plan was just for the quick morning pull so I stuck to it.
Broker:TradeZero
| Date | Price | |
|---|---|---|
| Entry | 10/1/2019 | 7.05 |
| Exit | 10/1/2019 | 6.81 |
- Total Views125
- Position Size200
- Percentage3.4%
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