Sold True Religion Apparel

I sold my position in True Religion Apparel, Inc. (Ticker: TRLG) today at $25.83 generating a net gain of 0.79% over a 17 day period (~16% annualized return). It’s not much, but I wanted to reduce my risk exposure a bit. Even though this company is currently exploring strategic alternatives, I don’t want to be in front of their upcoming earnings report, which is scheduled to be released on October 30^th.