Friday, July 24, 2009

Bookkeeping: Closing Riverbed Technology (RVBD)

Closing the last 0.1% of the stake in Riverbed as it opens in the $20.80s area, as mentioned last night its going to be volatile and could go anywhere in the near term. I'll place a limit order at the bottom of its gap under $16 and see if we can get filled down there. That price would be lower than where we started this latest run. Glad to have locked in the large gains on this one.

We have a few good technology candidates to take this spot for the next 90 days.

We mentioned RF Micro Devices (RFMD) as a play off TriQuint Semi's strong quarter... RFMD is up 7% in early trading here off a stellar earnings report.

No position

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