That was a short stay. Last Thursday, Rackspace Hosting (RAX) broke out on huge volume out of a multi month base. Then Friday the US markets finally sold off more than 1%. The situation was still ok (not great, but ok) as of Friday since it held $20, but today it has returned right back to the base, and the basis for the trade is over. Hence I will sell and take my lousy 7% loss. We have had no luck with this stock on multiple iterations.