PRGS
Decided to sell at $50.15 today. As you can see I'm raising a little cash today, nothing crazy, But had a decent profit on it after having a average cost in the $44's. I Feel Earnings are coming up, I do think they will hit if not exceed the numbers, but I'm probably not as optimistic as I was here, Fv is probably in the upper 50's to low 60's, do to possibly FX headwinds, combined with everything getting lower multiples, and into a slowing environment. Stock is closer to 52 weeks highs than most had a decent profit, plus I only think aboutn 15-20% upside left in the stock, considering the upside I see in many stock I don't own being considerably more I decided to sell PRGS, and take my profits and move on. I would buy back probably barring no bad news if it fell to the low to mid 40's. All is just my opinion, and I could always be wrong though.
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