Someone created the news yesterday about Orange Capital and stock shot up in the preopening.
Then came continuous selling into the rally, it is called “Price Reversal Pattern” (please Google search). Stock is acting very weak. I saw the same thing in LIFE (Life Technologies Corporation (LIFE)). It stcks dropped when no buyer came forward.
I am out of this speculative stock with small gains. I hate to see you sitting with something which may or may not happen.
Good luck if you are long. Please keep an eye on Apple stock, earning had nothing to do, once stock stops moving higher, watch out if it reverses