BOUNCE

[andrius]

yeah UGHO is a tough fill. I noticed yesterday that even slapping NITE, SCHB, CRWN or JEFF by .05 above the ask wouldn't give good fills. I even tried slapping by .10 with smaller orders but then the MMs just kept the order until it reached the limit price and filled it right at the high. Had a little better luck with GNET but that didn't work all the time either.

By the end of the day I got tired of missing fills and jumped all over UGHO in the last hour when it started getting close to 2.50. I left some buys though MMs 2.501-2.561 and raided the bid side with GNET, TRAC and DATA. Got all I wanted + some and had good exits 2.67-2.72. I think the only way to trade UGHO is put some starter buys before a picked support area while its still going down and then wait for a turn to try to add. JMHO