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Today we covered our short position in Core Labs (CLB) at $108.69 a share at 3:27 PM EDT in our Real-Time Alerts. We originally shorted Core Labs on December 19 at $108.87 a share at 3:41 PM EDT. We believe the stock is oversold at the moment so we covered on red, booking a modest gain. We remain bearish on the TREND duration for CLB.

TRADE OF THE DAY: CLB  - TOTDCLB