173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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How to Short a Stock at $80
The trade is the momentum trade that you mentioned earlier, right? Getting lows and trying to join the trend. So there's about a half a million shares in a bit at $80. We come down around $12.30, we tag it for the first time, it barely gets tagged for anything. And then instead of the whole bid being taken out, it just pops up and goes to I think $80,. At which point I end up taking off half my position.
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