Yes it is tough to know when to cut a loss. Your system should tell you that but it is still hard.

@TraderDunn Correct... Human nature is a biotch sometimes :D

Hmm I see, it seems to have a strong support at 1.00, dropped to it twice in Friday's and then jumped. You think new support might be 1.08? I appreciate the insight btw :)

A question about GSAT. I am watching this too, but something that worries me is the 450m float and the 20% short interest. Seems like a lot of downward pressure to overcome. Am I wrong to consider this a red flag?

well im not an expert but i would say the short interest is accualy a good thing because they have a meeting with investors comming up. if the price starts to shoot up the shorts are gonna get squeezed and that will actully make the price go higher. again itl depend on the conclusion of the meeting.

While short interest is good, but doesn't the 450m float count this out as a potential short squeeze? If it were low float, like 8m with the average volume at 8m, then I see a potential short squeeze. Just seems there is plenty of shares to meet demand. IDK, I may be way off mark in my understanding.