News this morning caused this stock to surge pre-market. Watched on open where there was some consolidation which I was watching. It then spiked and I waited for it to come back down for a dip buy. It dropped further before climbing back up but not past my breakeven point . I waited only to end up cutting losses at 2.82. Continued down trending for the day. Failed to pull the trigger before the spike and chased a little. Was looking to get closer to 4 as this stock had a history of spiking.