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Given the market tendency the last few days, it would appear that CYAN is following the old Wall Street maxim about "climbing a wall of worry." Buy with patience.
I was buying with patience under $2 the past couple of months, as I noted here on this board a number of times.Now I am selling with patience.Today's buyer just took my $2.68-priced stock.I have been selling about 8% of my position about every 10-12 cents up since the $2.19 level........It has been a very enjoyable CYAN couple of weeks (actually, months).Thanks to those on this board who have contributed their knowledge!I'm still here and now have a core position at an extremely low price that can let me be quite patient.Of course, since I am a trader at heart, I will continue to trade the name. Currently, the volume is 13,003 shares I account for almost 15% of that volume.regardsaaaa
Oh my goodness, they took my $2.74 offer, as well.Well, we are back to the $2.70 range.This is right where I said we would go when the earnings came out on the 12th before the opening. The stock opened that day at $2.00 and closed at $2.15.
Congrats! I only bought a 500 lot (the other 1000 never executed at 2.00). I already sold @ 2.57. I would have thought there would have been more testing of 2.00 level.