Watched the day one on this yesterday . History had it being a one day spiker but, it had a heavy short % on it. When I saw P.M day two it had 1mil in volume I felt it could be played. I set up to see if it stayed in a tight range and above yesterdays hight. It did I waited for my shot took it and got some meat. CLQ ALL THE TIME!!
This is really a NIGHtMARE! Entered initially at around 2 with 2K shares. Should have held for the run to 2.70! Not unhappy though as this was moving around. The pattern looked great though as it peered 2 and pulled back to 1.94. That is the time to strike because of the sheer volume and squeeze. I feel bad for the shorts on this one. I got greedy and jumped in again for a 50% loss on the backside. Greed Greed Greed sucks.