I purchased this when I saw it spiking. It had some good news and had been on the rise all day. Entry was at a dip. It did go up to $4.50 and then fell quickly. I exited asap and it dropped .30 in less in just a few seconds. Still learning. I was hoping to get 10% as that was when I would exit but I knew it was dropping and didn't want to get stuck in it. Used a day trade on my account for the week.