Will comment later

didn't get out in time the stock went against me

I broke my rules and paid for it ...lesson is never force a trade shorted too early. If I would have waited to enter the trade after hours I would have been ok.

Will comment later

On Friday 6/27/2014 1 hour before market closed news came out and the stock dropped to a low of $8.20 before recovering. In after hours it had climed to $11.04 On Monday 6/30/2014 in premarket the price started at $11.04 to $11.35 before going to $12.37 The lesson here is when there is a lot of hype the previous trading day watch the next day in premarket and let the price rise as high as possible. My buy in was at $11.35 at 6:16 AM Had I waited till after 7AM would'da done buy in at $12.37

I want to say that the stock got very choppy before the market closed. It went as high as $8.09 then it pulled back and bounced because of a Seeking Alpha Article that was coming to expose the company. Shorted afterhours because the news came out and next day the stock fell to a low of $6.58. Also the previous breakout level was at $7.00 For future reference the stock on a expose can fall to the previous breakout. Support was in the $7.40ish so it cracked that and fell.

With this trade all I can say is that Seeking Alpha exposes are very powerful, and should never be ignored. I shorted because of the rumors of the expose, before the market closed the stock drop quick and then recovered but drop again, afterhours the price seem like it was going up a little, so I shorted at $7.85 . Later in the night the expose came out but I had a limit order in place to protect my money at $7.81 Price drop below that to $7.70 Next morning I re-shorted at $7.81 Pre-market.

I bought very close to the bottom but I didn't give it time to recover and chicken out, it later climbed to the previous day close of $7.59 but it was very choppy so I got out. Should I have stayed in it I would have ended with a bigger gain but the trading rule here is don't trust the stock and trade like a coward and that is how Tim Sykes does it.

I shorted at $7.84 in afterhours and the days low was $7.51 it closed at $7.79. The Retracement of 50% from the $7.84 level was $7.67 so I choose to get out at $7.68 the Low the following day was $7.515 also its important to note the stock was running on the second red day. $7.84-$7.51=$0.33 divided by 2=$0.165+$7.51=$7.675 So $7.68 was my Exit or 50% Fibonacci Retracement.

Fibonacci Retracement at 23.6% was $17.51 and 38.2% $17.24 which it came down to as a pull back as market opened and by 10AM. Also the low was $17.09. Using the day high from this day and seeing the after hours trading price was $17.95 I managed to buy at $17.90