NEVER average down, stock is in total squeeze, same effect as shorting Nasdaq in 1999! Maybe 100 dollars could be a good price to short. I say maybe. Chris Mac
Nah, it will be the same, market patterns repeat again and again. See the graph ? Bollinger bands narrowing at the beginning of April ? And since then, bands are enlarging ? => SQUEEZE ! You can't fight vs it. Just cut your losses, take a break, and wait to short this stock later. Right now, you got tons of good short candidates in biotech ! You don't need to test their medics to know they will crash ! Chris Mac