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Last week was a downer for most stocks, yet AMBA kept skyrocketing. Again today, the market was down, but AMBA held the loss to a minimum. The stock is now at $117 vs a sale recommendation at $73-$75 a few short weeks ago. I am not being critical of the recommendation to sell a partial position as there was great opportunity to take some profit on a dramatic short term rise in price. I am still puzzled however by the soft following and corresponding lack of posts. I am not aware of any stock that has seen such a spectacular rise in price over the last few weeks, yet following the sell recommendation, the boards have been quiet. Given the circumstance, I expected a host of comments that could perhaps shed some light on the price spike and strategy moving forward. Not to poke too hard at the fact, but since the sell recommendation a few weeks ago, the stock has moved up over 50%!!! Is there any other holding in the MF portfolio that has equaled this performance? Am I the only one still holding this position?? I did sell some at $95 about a week after the partial sell recommendation, but I am still holding the balance at $117. Any thoughts???
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