The idea was to try a swing trade with this stock. I felt good about the entry at the time, but had to set a stop loss because I was not going to be watching this thing all day while trying to work. I set the stop loss based on support I saw from previous days. Once it broke that support, I wanted to get out to avoid an even bigger loss if this thing was panicking. In hind-sight, I got out before it dropped even more. Even though this was a 10% loss of my small account, it could have been more.