Rationale: I have a lot more confidence in the larger oil service stocks in my portfolio - even if they beaten down, they should not fall as much as Bolt Technology (BTJ) might and further their charts are in much better position as of this moment (all of them trade above their 50 day moving average). So if someone had to go, its going to be Bolt Technology. This sale raised just over $17K and I took a smallish loss from my very recent buy. I don't mean to be such an active trader in a specific name like this, but it has been all over the board, as the chart below displays.
No positions
