Low Float+manipulative bids got me fucked up. But I don't blame them but myself. This type of rip-pull, rip-pull action can continue as long as it wants to. There is no point to ss at any point of the front side and not even the parabolic that I think. Eg: I considered ripping thru $3 is considered parabolic but guess what......
I don't regret my first short near $2 but I DO regret that when it ripped thru $2 and pullback and holds above it I didn't take my entire position off. I had perfect readd at $2.40ish and I could covered at $2.20ish for breakeven BUT I didn't. It kinda reminds me of ORPN when manipulative bids $2.41 kept popping up so I thought very likely someone trying to support bids in order to get filled large lot. But turns out I was wrong. I told myself midday shorting is NEVER a good idea but yet I did it again and paid the price!!! It's the best to just ignore it, this thing is off-radar type of play!!! It's neither short nor long!! Either side can get fucked up badly. But gladly I didn't do the job that bad in hindsight. Had I not covered at $3.01 it's very possible that I would freak out at $4 or $5 and covered there. After what said and done. -$4300 on this trade.
I hate to admit it but it's true that my big loss after BGI set myself on fire which led me a revenge trade. Can't help it!!! and it's hard!! Very hard to keep emotions in check and balance.
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