POSITION UPDATE: $CAI

CAI- The stock continues to rally today and is now up over 4.5%. Correcting an early update, the swing target on the first half of those shares is near $32.50 not $33, my apologies for the typo. That said, be ready to take profits in case we get a follow thru on the breakout tomorrow morning. Remember its okay to sell mechanically right at the target level, but if the stock trades quickly past the target you may be able to squeeze a bit more out of the trade. Equally, if the stock sits around the target level, don’t split hairs waiting for a few more cents. Also, we will be raising our stop to breakeven, near $29.35.

-CJ

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