TransMedics (TMDX): Sell a Few Shares
We’ve had TransMedics (TMDX) for just two months and the stock has traded up 45% - 50% in that time frame, with very little volatility. Except for today. Shares are off 6% and are modestly below recent support at 50. This is far from being a disaster day for the stock but all the same, I suggest taking a partial profit (i.e., sell a small portion of your position) just in case the market takes a turn for the worse and the high-flyers (like TMDX) get dragged into the mud. For record-keeping purposes, I’m recording this as a one-quarter position sale. SELL A QUARTER