Trade Recap 6/25/12
Today’s gains came from CAST on the chatroom alert. I initially longed it at 0.37 on the morning wash, and added some in at 0.35 and 0.36 as it stabilized. I then sold at 0.44 and 0.45. I went long again on the afternoon perk at 0.5, and sold half at 0.63 and the other half at 0.72.
My gains were cut into somewhat by a loss on a LXRX long, going in at 2.02 and exiting at 1.95. Also had a tiny loss on swing short in EAHC, covering at 0.297 from a 0.26 entry.