based on losing 50% last thursday, this last two day bounce is crap. Lose $3.70 and regain $.70 cents on two phenominal days for the markets. Sorry but for what it is worth this bounce is pathetic. Once again I hope that I am wrong but until MGMT. gets off their ass and releases something positive there is no rush to buy and no rush for shorts to cover. As I stated earlier we stall at this level without an intraday catalyst. Just my opinion of course.
G8tor is right. You have to gage a stocks relative strength when analyzing its potential to move. If the market does not continue to support it, RSTN will begin to fall, where the stronger stocks may build a base. Yes its up 15% today, but the stock fell 50% on one day last week, of course the dead cat bounce as Naz rallies 6% as an index. Be smart take profits (or cut losses if in before Thursday) even if you just cut the position down in size. It is just the smart thing to do.