WOMS. Thought good catalyst, low float, and decent volume. Thought stock had a chance to spike at the open as stock began to consolidate prior to entry, using 2.76 as R and 3.00 and above as PT. However, was wary of dilution at $2.30, planned cut quickly if going against me, and utilized less size than usual 300 shares. However, slippage occurred and sold at 2.67 causing a bigger loss than expected. Good info, and example to avoid heavy dilution of a stock in the future.