[Beech driver]

Well, I guess there is a first time for everything.
So here I am coming in to land as my student is flying. He decides to flare way to high which brings the gentle reminder to let the aircraft descend a bit more. Apparently, his way to descend was to pull the power out to idle between 15-20 feet AGL while also keeping the nose high. By the time I was able to apply full power, we were a couple feet off the ground. I thought I had seen the end of that situation. He, however, had other plans. When I had recovered and climbed to no more than 10 feet and made plans to land on my own (we were still going straight down the runway centerline and had regained some of the lost speed) he decided to pull the throttle back to idle and pitch toward the sky again. Dual throttles in case you are wondering. Again, I firewall the throttle. Only to accomplish this at the same time we fell from the sky. After we bounce a large bounce, I realize we are dragging something on the right side and bring the throttle out to idle. After we turned onto a taxiway, (not that I had an option, that is where the plane wanted to go) I noticed my right wheel pant was now between the asphalt and tire. Don't know how that broke free and ended up there. Pretty soon tower is calling my boss to see if there is any damage to the aircraft. He says yes a wheel pant. Then I get to speak to tower on my own. What do I do you may ask? Get back on the horse. 1 hour later I am back in the air on my way to St. Cloud and back. Course, now I get to sit and chat with FSDO tomorrow morning. Thus I am updating my logbook tonight over a few drinks.
Any similar stories out there?