This was failed RCT play. I bought just below the RCT level and I could tell on the Level 2 that a lot of sellers were coming in. This stock started dip and I cut it at my $20 risk level, which I have been risking on every trade since I sized down. The news catalyst on this seemed like it had a lot of fluff and was not easy to understand, which I feel played a key role in this stock failing. It now continues to fade. Good lesson.