Filtering by Tag: drop

Viacom Drop, 1 Minute View

Added on by C. Maoxian.

Apparently negotiations with Dish are going poorly ... if you were lucky, your scanner might have picked this up at 12:33, but every day trader on planet earth saw it at 12:34 ... these intraday pop and drop plays are not super common, and you'd have to be in front of the screen all day to catch them, which I don't like to do in my dotage, but if you're a youngster.... 

click to enlarge, get a big monitor

Pepco Holdings Drop, 1 Minute View

Added on by C. Maoxian.

Again a case of people in the know being able to sell some before the "news" hits. Back on Tuesday, regulators put the kibosh on the EXC purchase. No way to make money on this unless you were able to short into the fat bar as it formed, pre-halt. Good luck with that. 

Crick to enrarge

LifeLock Drop, 1 Minute View

Added on by C. Maoxian.

First news I saw was CNBC at 14:13 ... scanner may have picked things up at 13:57 or 14:03 at the latest ... hard to say if you could find a borrow and get short ... always interested in talking with traders who caught this in real time. 

Bristol-Myers Drop, 1 Minute View

Added on by C. Maoxian.

A shame I didn't have scanner running since I'm not sure it would have beeped at the 14:00 bar ... entry below $68.56 makes sense .. would have been good risk reward carried into end of day. Getting positioned short in two minutes following outside bar would have been the dream move. 

Nothing at StockTwits until 14:04 when optionsaddict mentioned "69 call collapsed" and 14:05 when NewsHedge_Squawk noted drop.  

Yahoo Drop, 1 Minute View

Added on by C. Maoxian.

Did not have the scanner running but assume it would have chirped at 15:34. I do know how to spell "unusual," though you wouldn't know it from my chart annotations. 

Crick to enrarge

CSX Drop, 1 Minute View

Added on by C. Maoxian.

People apparently expecting a bump in CSX from an Ackman mention at sohn conference (weak wordplay?) ... would have to dial down on the tick chart to see a realistic short entry price ... would have ended up being a scratch ... risk reward would look bad in hindsight probably ... again I'd need a tick chart to say for sure. Scanners lit up across the land, bots milliseconds ahead of mere mortals (and even the Chairman, fast asleep) as usual. 

Crick to enrarge

Iconix Drop, 1 Minute View

Added on by C. Maoxian.

Weird one, the COO resigned on Friday, but there was next to no after-hours activity, then it blew up at the regular hours open? Impossible to borrow? Would have been a home run assuming you could locate the shares. Always like to talk with a human who played this in the heat of battle. 

Five minute overlay (in gray) not accurately aligned due to missing data from $9.99 data feed. 

Teva Pharma Drop, 1 Minute View

Added on by C. Maoxian.

Apparently related to the Momenta news ... full two minute delay until the stock reacted, so much for an efficient market ... assume scanner would have seen this one too, though at 12:24 not 12:22.

Motorola Solutions Drop, 1 Minute View

Added on by C. Maoxian.

This was the fast boys' play on Thursday ... Motorola Is Unable to Find Buyers After Months-Long Effort ... "market value of about $13.2 billion" ... news reader bots picked up on keyword "failed" ... you'd have to drop down to the tick chart to find your spot ... probably would have made a good play for those who weren't in a muzzer Russian borscht-induced stupor at the time.  

StockTwits stream at the time ... there's OpenOutcrier again.