Rapid7 (RPD)
After Rapid7’s earnings report, I suggested selling another quarter position and holding your remaining half. I’m not liking the stock’s trajectory in the days after reporting. It’s below both major moving averages and without any near-term catalysts seems like it will be quite difficult to return to form. I could be wrong, and this may just be a little follow-thorough selling. But I’m a little wary of holding on to the stock given its lackluster performance this week while most other stocks are heading higher. I wonder if big investors are looking at it and thinking there are better places to put money right now. In short, let’s sell the other half of our position for a roughly 110% gain. It’s hard to go wrong when you have that type of gain on the table! SELL REMAINING HALF
