Originally was a swing trade and suppose to be an over night play. Being that it was a contract winner, I decided to hold to see if the news would catch on. The stock wasn't acting the way I wanted so I cut the loss at my risk limit but to be fair, I should have sold the next morning from when I bought it because that was my original trade plan and I would have had a slight win of .05-.10¢ a share instead of this loss.