Bought the dip on the break out. Everything was fine on this trade. Starting to play news plays. Using the odds going my way. Bought the dip on the intra day breakout, good catalyst with Morgan stanley taking a stake of 9% in this company, also low float. But playing these news plays with half risk of $50 because this is not my bread and butter pattern but the odds are good enough to take a small and speculative position.