Kind of risky shorting a stock on the first day of a new high WHEN the float is tight and the stock shows a considerable amount of strength, decent technicals, ADX of 49, +DI of 41.00 -DI of 11.00, RSI, not ridiculously overbought yet, firm basing for 7-8 days. It's approching overbought but it ain't there yet. You're gonna need some luck to make anything worthwhile on those trades.