Sell @ $1.255
Decided to contra off, make some kopi-$$$. The Cyprus bailout has created an environment of uncertainty, no idea if it's going to be temporary (since Cyprus is just a tiny economy compared to the other Euro countries) or going to last longer (domino effect on other bigger troubled Euro countires?). I view STX OSV as a more risky stock as their biz is on a down cycle and am not sure if it'd bottomed, plus, Balance Sheet is not that great (Debts > Cash). In times like now, I'd rather buy for longer term only when they've confirmed their recovery, even if I have to pay a higher price. I'm still holding some more in my portfolio, but, for now, will treat it as a Trading counter. 😀