Bookkeeping: Buying Back TriQuint Semiconductor (TQNT) Sold Yesterday

By Trader Mark
19 March 2010 @ 10:07 am EDT

I am simply trading around a core position in TriQuint Semiconductor (TQNT) as the stock has become a great vehicle to move in and out of, due to volatility.  By not going straight up with no rest, we can squeeze some extra monies out of the name.  Yesterday morning I punted 1/3rd of the position @ $7.30 (lock in the gains) as is the company pre-announced to the high end of guidance.  I wrote:

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