Well, I thought I was making a good investment at $9.40--and I still do. There is no reason for the stock to sell off here this dramatically--other than overall market weakness. Another 2000 share purchase this AM to average down a little bit with an expected rise into earnings and hopefully a BIG POP following earnings and the forecast. Good preliminary news with Digipass.com going live today and already at least a few noteworthy clients. Volume is not that great today, so not a lot of conviction in the drop, and the RSI is approaching oversold territory. looking for another bounce, and hopefully onward and upward into earnings and beyond.
I sold off almost all of my shares in the $9.80-$9.90 range and have been buying back my position, so my average is a bit lower than my selling price and I locked some profits in. The stock is still 20% below the recent highs that were set just 2 weeks ago. Checkpoint's earnings were very strong, and Vasco has a lot of coals in the fire now.