HSCO explodes too much, too early

HSCO was very difficult to play today. With the prior close of 13 cents, HSCO OPENED the day at 20 cents - over a 50% gap.

That's obviously disappointing as I was hoping to see a very nice move from HSCOtoday.

I still think HSCO has a great story and could be a good trade in the future. It is certainly possible to play this on the dip and I encourage you to keep HSCO on your trading radar.

On an ugly day in the broader markets, HSCO is a bright spot. Volume this morning was phenomenal and the buzz exploded today. Traders were lining up over the top of each other to get a chance at this stock.

However, a key discipline to remember is not to play a stock that has huge opening gaps. It's almost always better to wait for the stock to "come back" to reality and look for opportunities to get back in on a healthy pull back.