Bookkeeping: Restarting Position in Riverbed Technology (RVBD)

By Trader Mark
12 May 2009 @ 03:59 pm EDT

I am restarting a (small) position in Riverbed Technology ( RVBD ) - it's not cheap, and I am chasing to some degree but not at recent highs (just under $19). I'd rather be a buyer at the gap in the low $15s but since the market has not been down more than 2 days in a row since early March, I am going to put a little skin in the game here around $17.30. "We" have a lot of fees to make here by getting people into secondaries, and making sure they make money immediately (by pushing stocks up artificially ) so we cannot let the market be down 3 days in a row.

Contributed by Fund My Mutual Fund

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