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JSDA- Short Trade
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After yesterdays trade I was eager to find another similar opportunity. JSDA got downgraded today but the title of the article was strangely worded.
"Molson Coors Brewing and Mohawk Industries Upgraded, Jones Soda Downgraded"
I think investors read this quick and thought JSDA got an upgrade.
The stock popped .92 instantly on a downgrade! At 11:25am I shorted at 16.30 expecting it to go right back down and then possibly even lower.
Instead it dropped to 16.20 and just rode sideways the rest of the day. I didn't want to have so much money riding overnight so I want to sell right at the market close and got this...
"15:59:57 Unable to enter the order becasue it was within 3 seconds of the market close."
Shit...
No wither I need to dump after hours or pray Coke dosn't buy them tonight. :) |
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