I opened my position at about $8 with 250 shares.....i do believe in the fundamentals of this company, however what is everyone's opinion of trying to maintain discipline and pulling out the original investment (that would be half of my position -125 shares), and letting the profits run?
I bought in at $9.25 and at again at $8.50 in October 2012. My target price was $14, and I sold all at $14.26 just before earnings. I thought this thing could go to $15, but also that it could drop back to $12. I'm surprised to see it ran another $2 above where I sold, but I'm glad to have made money.
Try to find a better investment at this time. I average at $2.50 a share...I still have 18500 shares. Been in even before it hit 55 cents a share. I sold some when I needed the money.
I say hold for the long term.