GPN Hanging in There

GPN rebounded a bit (dead cat bounce) after we sold it short but seems to have turned back down last Friday and is continuing down this morning. It never did trigger our stop loss so we are still in the position.  The put option is 55 cents on the bid price so it's regaining its value as the stock descends below the $45 strike price. The option is now 21 cents in the money since the stock is at $44.79.