It worked out well. I ended up closing that trade out for a small profit. Was waiting on another new rally so I could go short again. $3.20 was my next shorting level. It hit today so I have gone short again. If this is wrong will close out for a small loss. If right I will make money. Either way downside risk is greater than the upside on this stock. Plus I am a short term trader. Not a hope, hold and never sell trader.