I was right on my idea that the stock would panic in the morning given the first red day. I was scared shitless to see it run up in the morning and being unable to execute my order that I chickened out. Overall, I was lucky to have a 10 cent/share loss and didn't risk more than 50% of my portfolio, but I could have made 50 cent/share if I were to hold on to my shorts. Now I know that first red days do lead to morning panics the next day. DAMNIT!