FSI International (FSII)
Company. FSI International is "a global supplier of semiconductor processing equipment, technology and support services for microelectronics manufacturers." (company website) That is, optical subsystems and components.
14%
Buy. I sold my initial stake in FSII earlier this month. But since it was doing so well, I bought additional small lots.
Sell.
General comment. Yesterday's announcement by the Fed triggered a general sell-off in the market. The Nasdaq continued the downward trend through the first six hours of today's session. Fearing that this might be the beginning of a substantial Nasdaq correction, I decided to sell several Nasdaq stocks to preserve whatever gains were still left, even though the stocks had been doing well before yesterday's slide.
This may have been a premature sale. Although today's drop is substantial, the price is still above the close two days ago, and yeseterday's drop wasn't very big, especially in the context of the general sell-off.