Exit comments: Sold into the Business Insider article-related runup, normally I would hold for bigger gains, but with uncertain earnings coming in the next week I like taking safe 10%+ profits on a speculative stock pick. If they announce some meaningful news or #s I might re-buy but this company has usually excelled at hype and underperformed at actual business so I sell into this media hype!" ~ Timothy Sykes
My position of 100 shares is small enough that I am okay holding with the plan of using any positive catalysts to sell into near March 26th when the earnings report is due.
But I didn't enter the swing solely off of Sykes' comments. Here is was I saw in their charts and some of the reasoning on why I'm playing it.
Also, please note that the nearest support/resistance points are April 2014 and June 2014 between the .70's and .80's ranges. I didn't pull another chart picture to show that, but feel free to look while doing your own DD.