SXC Health Solutions split 2-for-1 and was repriced today. I expected this might cause some volatility at the open so I cancelled my stop (which was at $80.45 pre-split) and now that the first hour of trading is behind us I'm re-initiating my stop at $40.22 (post-split). Note the volatility in today's first 15-minute candlestick in the chart below. So far this trade has been a hassle.
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Friday, September 10, 2010
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