TRADE INSTRUCTIONS
Date: June 16, 2017
Name: Carbonite
Symbol: CARB
Type: Close
Limit: Sell at market              

TRADE RATIONALE
We’ve had our ups and downs with this trade, but in the end it was worth it as CARB has delivered a 10%+ gain over the past four months compared to 3.5% increase in the S&P 500 Index. That works out to an annualized gain of better than 30%, well short of our goal of 60% but still respectable given that as recently as two weeks ago we had no net gain in this position.