[Entering Position in Cybersource (CYBS)]
Dear Member:
Cybersource (CYBS)looks like it may have struck bottom and has bounced. I like the entry because the exit isn't too far away if I am wrong on the direction. I like the stock at $9.88 or better on a day order and, if filled, the initial exit is $9.35. The stock does have options so covered calls could be written or protective puts purchased, but there just is not enough open interest for me to engage in any option positions on this one.
DISCLOSURE: At the time of publication, I have no position in CYBS.
Sincerely,
Bill Kraft
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