Yesterday, I bought 200 shares of $SHIP.
Yesterday was the end of a 3 day run for other shipping companies like DCIX, TOPS, GLBS and most recently RLOG.
SHIP gaped up yesterday on positive earnings and was testing the intraday high with less than an hour left in the day.
RLOG ran yesterday on no news from $0.48 the day before to a high of $1.93 right at the market close.
I bought at $1.59 after it double topped, it looked like it had a strong rally from support towards resistance. (First mistake)