thickly traded and $2 looked like couldn't peak convincingly so I covered all which turned out the best thing I did because if I kept holding position the distress would keep me from covering when action like below occurred.
$2 reclaim which is very frustrated but that's nasty fake reclaim action. Untradable!!! like AVEO
midday volatility halt on PR which in my eyes fluffy and $15 resistance on daily chart and especially after I took position Someone tweeted warrant effect which adds conviction to my trade!
trade didn't work as expected but that cover is pro played!!! Waited for volume to dry up before added back in but the heck saw relative volume and stopped out. Breakeven trade but very proud of my management of trades, entry, exit and observation!!!
all day hold of the day. Wanted sub $.70 but didn't get it. Ideally $.80 push or $1.00 push even better tomorrow morning before further unwind.
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