VLTC Trade on Apr 10, 2015 09:42 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock gapped up, looked strong, forced buy in as shorts have a 3 day life span (I think) so people have to cover. Since it was squeezing a lot, I wanted to see if it was going to hold or not. It opened strong, then when it seemed to have put a top, more shorts were going to come in but some had to cover so when it couldn't break 6.6 and kept tapping 6.95, I got in on what should have been a flush but it bounced which might cause some panic. Got in, sold small in round # in case it stuffed, then HOD and then in the spike. Took the base hit and kept very very small lotto shares in case it went to 8. I'm pissed I got stopped at the very very low of the pb. The end result would have been the same but it is the fact that I get stopped at the very lows that is frustrating (nothing with leaving money on the table since it never broke that high).
Wish I could have shorted it but it was on the hard to borrow list so no luck there.
The only mistake on this one is not going big enough as it should be a fairly fast move so should have gone bigger!

Reasons to sell: round #, HOD, spike, extended