This was up after hours and into the morning. Watched for the fading just before open but what actually happened was that it tested 3.25 several times indicating a drop at the open. Didn't realize that. Anyhow it dropped right away and I had 30 sec to get out. Cut losses quickly. Obviously I didn't realize what would happen shortly after with this stock but I didn't have the guts to get in. I did have my risk level of 3.25 but it was a bearish signal that I didn't know. Lesson learned.