After the bell I realized I lost my Texas Instruments (TXN) short in error. Yesterday I shorted a 2nd half of the position that I had covered for a gain the previous Friday. This brought my cost basis up to around $24.15. Unfortunately rather than putting a stop loss to cover at $24.60 I put a limit order in to cover at that price and obviously it was sold... in the $24.40s. Not a huge dollar loss or anything but just putting it out there for transparency sake since I might go right back to shorting it.
Tale of 2 cities in exponential v simple - need to remind myself to look at both
Based on the action today and if the stock remains below this $23.60 level I'll consider restarting the position.
No position
x
Tuesday, September 14, 2010
Bookkeeping: Covered Texas Instruments (TXN) Short in Error
Posted by
Mark
at
8:27 AM
Bookkeeping: Covered Texas Instruments (TXN) Short in Error
2010-09-14T08:27:00-04:00
Mark
shorts|
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Labels: shorts
Bookkeeping: Covered Texas Instruments (TXN) Short in Error
2010-09-14T08:27:00-04:00
Mark
shorts|
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