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Had to cut losses.
Rumors worried me and I've been squeezed hard by this stock before. Had a total short position of 750. Still have 250 shares short, just need to take some off the table.
Nice early morning day trade. Went to 14.60 on the day though.
This was a bad trade all the way around. Bought it again after making a profit before earnings. Was really optimistic about Pie Five Revenue. Should have taken my profit and watched from the sidelines through earnings.
Got in around support. Sold during big run up before earnings.
Didn't move like I thought it would. Took profit
This stock took me on a wild ride. Went above $30 a share. Big relief to cover for small loss. In the next few days it ended up tanking down below $23.
Had chances to cover for a profit. Needed the cash for another trade.
Ran up to above 1.30 a few days later.
Sold short way too early! Glad I cut losses quickly.
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