I got killed quickly on this trade. Was a fake APS hard-mailer pump. Bought in anticipation of morning gap-up/spike. It went up a whole couple pennies and then plunged quickly down. There was no chance to cut losses quickly. I was unable to get filled until it had dropped over 20 cents! That was another mistake...selling at just about the low of the day. I should've waited for the bounce where I could've sold it for much less of a loss when it went back up to 50 cents.