Tuesday, June 02, 2009

CYOU (fyi)

CYOU is now quite extended, having moved 43% from the low 7-trading days ago to today's intraday high (27.10 t0 38.73).

I have begun trading out and back-in again, but I am looking to keep at least a reduced position if it refuses to consolidate and just continues driving (not out of the question).

Group-neighbor SNDA reports eps tonight. Assuming I haven't exited again before the close, I will look to let-go remaining CYOU shares on that news; then buy back at the first possible set-up (SNDA was reduced here yesterday).

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