Entry Comments: Took small position short after first failed bounce on subsequent bounce looking for a drop to 6.50 as previous poor earnings have shown a significant drop off it's highs. Exit Comments: I gave this one a little time as I had a small position, but after it started making higher lows and began moving back up, I cut bait. Lesson to Learn: You got in way too late on this short. The time to short was in the morning panic.
Stupid play. Very low float and low volume stock that was way down after a huge morning panic. It had a spike, and someone in the chatroom pointed out the stock saying it had lots of shorts and might squeeze. Bought without even thinking about it, it just went down, I sold. Again, good thing I sold because it just went lower