01-Nov-16
09:36 ET |
EVENT |
Event Trader: Entering a Long in VRX here at 18.55, risking $1 (18.55 +0.68)
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01-Nov-16
09:40 ET |
EVENT |
Event Trader: VRX Follow Up- Had mentioned this in my pre-market notes as being on my early radar; just an intraday play here with an eye on a scalp (18.57 +0.72)
As I noted in my pre-market comment I like this as a 2017 January effect type play. I think it will be tough to play it for a swing long into the end of the year as I think it is a prime candidate for tax selling losses
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01-Nov-16
15:35 ET |
EVENT |
Event Trader: Scalping a piece of VRX long here at 19.77; selling core asset here according to headlines |
01-Nov-16
15:40 ET |
EVENT |
Event Trader: At first I had no intention of holding VRX overnight but that rumor has helped move us into the money and will keep shorts at bay, so will keep remainder (approx 1/2) on at the moment with stops at the 18.55 entry (20.55 +2.76)
Stock did hold up well all day given the market sell off so that is encouraging. I think shorts may be a little exhausted at the moment. Might scalp another 1/4 here on this move. Actually I am going to take a piece here at 20.85 for approx 2.30 move, so a 1/4 left on the position.
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01-Nov-16
15:46 ET |
EVENT |
Event Trader: Looking at a near 25% gain in that final piece of VRX, not looking to get greedy here as it was only going to be a day trade so I will take it off here and take the profits to end the day on a good note
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