Jul
24th
Fri
24th
ALGN surges but flat from open: End of trading day for TR (Twitter Reality) Portfolio 07/24/09
- Sold ALGN at $11.46 (-.3%) [Bought at open for 11.49]
Align Technology surged at the open based on a fantastic earnings report after the close. ALGN then dipped, came back to near the opening price, and was more or less flat the rest of the trading day. So, in this case, the buzz moved the price significantly (+21%) but had no followthrough during the session.
TR Portfolio scoreboard (started on 1/12/09):
Number of trades (closed): 116
Winners: 52.9%
Average P&L per trade: +.7%
