FWIW in regards to placing stops your are Not always limited to your stock being sold at your set price. For example if your stock is trading at $15.00 and you set a 'market sell stop' at $11.00 and the stock gaps down to $9.00 that's what it will get sold at or lower. If you were to set a 'limit sell stop' on that order at $11.00 and it gapped down to $9.00 then it wouldn't get sold and you risk more loss as the price goes down. Either way you are really only protected if it's more of  a trickle down effect. 

So do you think because there are so many shorts that they are just going to get caught as it seems the market just slowly grinds higher? It seems a lot of traders are waiting/hoping for the market to tank.

Now that's funny!

Just interested in a few educational comments on BBRY. Based on the daily chart I've uploaded would you buy or not?