Longtop Financial (LFT) is a very volatile name and we risked 2% as a stop loss we put on yesterday; that was triggered this morning as I had a stop loss of $24.75 and it hit at $24.82. Fair enough, it jumped over 2 resistance levels intraday.
As I type it is $25.13... I will look at this name to short again if the market rolls over.
No position
