I've bought $PULM in the past about 4 different occasions, and it would drop on me each time! I decided to short (for the first time) towards the end of yesterday 900 shares @ 2.21. I may have shat myself when it squeezed up to 2.60.
LUCKILY, Tim had it on his watchlist! It was assuring that I was on the right path. I had intensions of shorting more at 2.60 but I hesitated. Finally did another limit of 300 shares at 2.43 and it executed for me at 2.45 (not complaining). So I’m good with today's 300 short but was still worried about my 900 at 2.21. It was hovering around 2.25 thinking I would just break even. It dropped to 2.15 as I quickly covered 600 shares and the rest of 600 at 2.10. Looks like I cover well as it came back up from 2.08.
Next time, I'll wait a tad longer where I could have shorted in the 2.50-60 range. That would have been ideal. It was super intense for a $142.23 profit! I'm happy I'm GREEN today!