This trade went completely against me. Held this position overnight and negative news was released the next morning. Stock took a big hit and I held until it rebounded from the news. It bounced back to the 4.60's for most of the day. I should have gotten out of this trade much sooner than I did so that I could have freed up my capital for a better set up. I got stuck in this one and I shouldn't have. I was resistant to get out because I didn't want to take my loss.
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