Loss from Avista Corporation (NYSE). Within 20 minutes. Traded 150 units.
Avista gap down at opening. Bloomberg dated 6/12/2018 mentioned that Washington state regulators rejected Avista’s $3.4 billion takeover by Canada’s Hydro One Ltd.
We think that the stock may slowly move back up, but our Fundamentalist and Cut Loss Auditor think that the risks is not worth the mini profit. We cut loss and moved on within 20 minutes.
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