Doubled up on $RENN

I missed the sale at $2.45, would’ve netted me an intra-day gain of 41%. Now that I’m back in the saddle, able to trade, I did something I should never do — buy more of a stock knifing lower after hitting a recent high. The technicals for RENN are now deplorable and I really should be closing out this trade — chalking up to an unfortunate event. There will be many missed calls and unfortunate events; and I’m already numb to the idea that this too could end up going the same way as so many other missed calls during my time in these markets.

But I won’t let it just slip away so easily.

I have a mind for this sort of thing — doing incredulous things — simply because I feel like doing them.

Plainly, you should not follow me into this trade — just wait and see how it works out. Consider it an idle form of passive entertainment.

NOTE: I sold LITB +15.5% one day hold.