would you keep an eye on it and be looking to re-short later in the day?...or stay safe and keep out since it has not had a morning panic?

Entry comments: I shorted a small amount of this now 3-day runner, it's usually tough for these kinds of stocks to hold up on day #3, but VERY small position because a lot of shorts have underestimated this one, both IB and Etrade have shares to short, goal is to make 5-10%, nothing huge, but this is over-extended
Exit comments: I expected sharp drop when it got below $3, but very similar to how it acted when I shorted it a few days ago when it broke $2/share, it held up...last time it squeezed more, this time seems possible too so I play it EXTRA safe on my shorts in this speculative market...always worth a short shorting over-extended stocks for possible big morning panic, but this one also has delayed morning spikes galore so I stay safe
| Date | Price | |
|---|---|---|
| Entry | 7/10/2017 | 3.13 |
| Exit | 7/10/2017 | 2.99 |
- Total Views1,746
- Position Size3,000
- Percentage4.47%
Thanks @timothysykes - a day later and a really good play! https://profit.ly/1Mu09y