and the market closed with me holding 1401 sh. GPIC
Hanging in there won't be that hard since it's a long position--and in an IRA. Only the entire investment can be lost--that's all!--so it's not even close to being as interesting as a short position can be.
(a wink to any VNX longs stumbling across this post)
You just ran into Mr Endy. He is an insider who continues to dump blocks of shares on the open market. He is the whole reason the stock currently sits below $20. He has been screwing this up for the rest of us. I am willing to bet that last big dump was his.
Hey, I am the last one to give advice on trading, and any profit in this crazy world is a good profit, but I might suggest stashing away 100 of those shares, and letting it ride to the the Q3 report. This stock is actually worth between $25 and $35 a share. Good Luck!