This is my 3rd posting today (02013.01.25). I am not a fan of multiple daily postings because that posting rate is not sustainable, but I needed to make an observation about Red Hat (RHT). Right now (02013.01.15 at 10:18am EST) RHT is at $56.47 up $2.00 (~3.7%). Three days ago (02013.01.22) RHT hit an intra-day low of $52.53 and that makes RHT up ~7.5% in three days. If only that rate of change was sustainable.
I have plans sell some RHT at $67.48 (the "Accidental Quadruple" price).
RHT closed yesterday (02013.01.24) at $54.47. 52-week range: $46.13 - $62.75.
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