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Posts Tagged ‘AA’

Alcoa (AA) First Blue-Chip to Report

Monday, July 9th, 2012

1:10pm (EST)

The bears are picking up where they left off on Friday as futures were suggesting a lower open throughout the night.  Much of this morning’s headlines have come from overseas as the Europe debt crisis continues to be an overhang.  The eurozone finance ministers are meeting again today but tension is mounting in the countries that are against increased sharing of the debt load.

There is chatter that some of Europe’s top brass is now planning to give Spain some new leeway measures to meet their deficit targets while others are against it.  The uncertainty has pushed the credit yields in both Spain and Italy higher with Spain’s 10-year government bond popping over 7% again.  Italy’s 10-year bond is above 6%.

Here at home, the focus will turn to earnings which start after the close of trading.  We covered Alcoa’s (AA, $8.67, down $0.06) numbers this morning and where the stock could be headed in after-hours trading.  We mentioned an earnings miss would not set a good tone for the rest of the week and estimates are for the company to earn 5 cents a share.  The stock is a Dow component but accounts for only 0.5% of the weighted index so it won’t move the Dow a huge amount either way.  JPMorgan Chase (JPM, $33.85, down $0.06), which reports Friday accounts for 2% of the percentage weight.  For you trivia buffs, International Business Machines (IBM, $189.03, down $2.38) makes up 11% of the Dow’s weight and reports their quarterly results on July 18.

As far as the major indexes, the downside momentum has picked up as we head into the second half of trading.  The Dow is down 74 points to 12,698 while the S&P 500 is off by a six-pack to 1,348.  The Nasdaq is showing a decline of 15 points and is at 2,922.

A close below Dow 12,700; S&P 1,350; and Nasdaq 2,925 would favor the bears heading into tomorrow’s open.

We released a new trade earlier this morning and we have done some chart work to show you our expectations on where we think the stock (and our put options) are headed.  Subscribers, check the MA for the updates.

Bulls Snap Losing Streak

Thursday, April 12th, 2012

9:00am (EST)

The bulls got back in the win column on Wednesday after 5 days of heavy selling pressure which pushed the major index lower by 4%.  The talking heads were pointing towards Alcoa (AA, $9.90, up $0.58) as being a “catalyst” for the rebound after the company beat Wall Street’s estimates.  Really?

This is exactly why we call them “talking heads” because Alcoa accounts for less than 1% of the weighted Dow 30 stocks.  In other words, Alcoa was responsible for maybe a point of the Dow’s nearly triple-digit gain yesterday.

We can point to Spain’s bonds falling below 6% which was one of the reasons for the selloff as one of the catalysts for yesterday’s bounce, or better-than-expected economic news.  However, we are chartists and after a 4% decline and two waves of support tested, it was time for a small rebound.

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If you are not a subscriber but would like to read more please click here.  We closed 6 more winning trades yesterday which gets our 2012 Track Record to 67-13 (84% win percentage) that includes 13 triple-digit winners with gains of up to 400+%!  One more time…80 trades, 67 big money option winners.

April Starts With An Apple (AAPL) Bang

Tuesday, April 3rd, 2012

9:00am (EST)

The bears had a slight edge going into Monday’s session as negative news from overseas weighed on Wall Street.  The bulls were roaming on Sunday night as futures were up which lead us to believe Monday would be an up day despite the fact the indexes opened lower.  We said in our Weekly Wrap and Monday Morning Outlook that we expect one last push towards our “fluff” targets and yesterday pop past resistance puts us halfway there.

The Dow gained 52 points, or 0.4%, to end at 13,264.  The blue-chips made a triple-digit bounce off the low of 13,153 and traded to a high of 13,297.  Our near-term target from January has been 13,500 which is only a 2% move from current levels.  Support remains 13,200-13,000.  Dow component, Alcoa (AA, $10.17, up $0.15) was up nearly 2% and will kick-off 1Q earnings season next Tuesday.

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If you are not a subscriber but would like to read more please click here.   We have some super cool charts to show you today on the S&P 500 and Lululemon Athletica (LULU, $74.74, up $0.01).  This week and next could offer big clues on if the rally continues or if the bulls are in for a big surprise. 

 

Big Week For Bulls, What’s Next?

Friday, March 16th, 2012

12:55pm (EST)

Tomorrow is St. Patty’s Day and the bulls are trying to add some more green to this week’s gains.  We have a lot to cover so let’s go over the numbers real quick. 

The Dow is up 2 points to 13,255 while the S&P is higher by 2 points to 1,404.  The Nasdaq is also up 2 points to 3,059.  Maybe we should play 222 as a “pick 3” today as hot as we have been.

Here is a quick update for our portfolios.

This week has been one of our best week’s ever for the Daily publication.  We are currently nursing open trades of 428%, 308%, and 118% to go along with the 35 winning trades we have closed for 2012.

We have been able to turn a $10,000 trading account into over $40,000 which is a return of over 300%.  We seriously doubt any other option newsletter can match our results so far this year.    

Not only have we had an incredible week for our Daily newsletter, our Weekly Wrap quietly continues to perform beyond our wildest expectations.  We are on track to close up to 7 double-digit winners by the closing bell as the March options expire today.  Take a look at the profits that could be coming our way if shares hold above the current strike price on the options we have sold.

magicJack VocalTec (CALL, $25.19, up $1.00) +19%

Bank of America (BAC, $9.58, up $0.34) +20%

Vivus (VVUS, $20.34, up $0.20) +38%  

Alcoa (AA, $10.56, up $0.21) +17%

Symantec (SYMC, $18.11, down $0.09) +16%

Solazyme (SZYM, $15.66, down $0.19) +55%

MGM Resorts (MGM, $14.44, down $0.27) +13%

This will bring our 2012 Closed Trades for the Weekly Wrap to 19-0.  If we include last year’s 16-0 mark, we could be 35-0 since started the newsletter a little over a year ago.  Remember, our goal is to bring you solid double-digit profits every month with this publication no matter what the market is doing.  If you can hit 5 winning trades for 20% or more you will double your money.  The aforementioned covered call winners would have done just that for you.

We will give you our full track record this weekend as we are squaring-up a number of positions today.  We did take a few hits on a few aggressive earnings trades but overall we should be 55-10 thru the first 3 months of 2012.  Please note, and this is super important, we do not count half or quarter winning trades 2, 3, and 4 times.  There are many option services that do this.  If we did, our track record would be 85-10. 

Other newsletters will also double down and tell you to buy more of a position if it is down and then they will average their cost down.  However, if the trade is a loser, they will only count it once. 

The bottom line is that most investment newsletters don’t have a track record because they give you so many trades hoping to hit on a few and they don’t trade their own account.  They brag about the winners but won’t mention the losers. 

We have auto-trading partners which verify our results and you can always request our current 2012 Track record by sending us an email if you are not a current subscriber.

Our reputation is built on trust and all of our trades are done in real time and are time dated.  Our auto-trading partners get great fill prices on all of our trades for your account and your order is placed the instant our Trade Alerts go out.  If you are a busy professional and can’t watch the market all day long, let our brokers do the work for you.

The reason we are telling you all of this is because we have been tired of listening to the Wall Street “pros” and talking heads that have gotten this market wrong and when it does crash they will tell you they were right.  However, if and when there is a selloff, don’t get nervous.  Remember, we can make just as much money to the downside as we can the upside.  Just take a look at our 2008 portfolio, especially some of the returns on the Financial stock option trades. 

We have a busy weekend ahead of us but the good news is our portfolio is light for both our Daily and Weekly Wrap which means we are ready to start our next batch of 50 trades.  We will let the charts tell us which way the market is headed instead of trying to guess and wait for a pullback.  The trend has been higher since the August lows and we have outlined clear support levels to watch for if there is a trend change.  Until then, the trend is our friend.

We will be back Sunday night with the Weekly Wrap and we have updated our current trades one last time.  Until then, have a great weekend everyone! 

(Remember, we just ran a special for our Weekly Wrap so if you would like a 3-month trial at a 50% discount, please send us an email.)  

Can’t Keep a Good Bull Down

Tuesday, January 10th, 2012

9:00am (EST)

The bears tried their best to keep the bulls underwater but the market continued to bounce off its lows into the second half of trading to finish in positive territory on Monday.  Sentiment improved once the European markets closed and we face a few obstacles this week with some of their debt offerings but the market got off to a good start with Wall Street clearly focused on 4Q earnings.

The Dow added 33 points to close at 12,392 but reached a high of 12,409 which was all we were looking for after the open.  The S&P 500 gained 3 points to end at 1,280 and kissed 1,282 on the cheek while the Nasdaq chipped-in with a 2 point pop to finish at 2,676. 

We had some sweet pin action yesterday with a few of our trades and we have been giving you some nice option tips to start 2012 to get you on board.  There are a lot of traders waiting for a pullback because we told you many of them took the last 2 weeks off in December and now they are trying to play catch up. 

The Nasdaq jumped 43 points on the first day back to close at 2,648 and we said if Tech got over 2,650 things could get exciting.  The close above 2,675 means the suit-and-ties and professional money managers have already missed 3% to the upside and could be chasing if the index breaks 2,700.

Alcoa (AA, $9.43, up $0.27) said some good things last night after the bell despite posting a loss for the quarter – its first in nearly a year – on lower aluminum prices.  The company reported red ink of $191 million, or 18 cents a share, versus last year’s profit of $258 million, or 24 cents a share.  Aluminum prices were down 12% in the fourth-quarter and nearly 30% from its April 2011 peak which hurt Alcoa to some degree.

The devil-in-the-details is that Alcoa took a one-time charge of nearly $160 million to shut-down some of its smelting operations which will help the bottom line over the long-haul.  Otherwise, Alcoa would have checked in with a loss of 3 cents a share.  Analysts had forecast a loss of 2 pennies a share.

The company did beat on revenue estimates, $6 billion versus a forecast for $5.7 billion, which was the best part.  Alcoa also said global demand should grow by 7% this year which was ahead of the 6.5% that had been projected.  In early action, shares are up 32 cents to $9.75.  

Futures are showing a BIG open and look like this:  Dow (+119), S&P (+14), Nasdaq (+24). 

We will likely have another busy morning so stay on your toes for possible Profit Alerts or New Trades if our targets are hit or we see something else we like.

Subscribers, check the Members Area for the updates.

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2013 Closed Trades:

    Here are our biggest recommendations for 2013 so far: +367 on REGN call options +173% on BGFV call options +140 on SCTY call options +178 on SNE call options +128% on SNE call options

    Our 2013 Closed Track Record for the Daily and Weekly Wrap are posted in the Members Area along with our 2012, 2011, 2010, 2009, and 2008 Track Records. We have NEVE had a losing year and we are having an incredible 2013!

    We were 159-70 for 2012, our fifth-straight profitable year since inception, with over 30 triple-digit winners and 17 more winners of 70% or more.

    The 5 biggest gainers for 2012 were: :
    576% on GMCR put options;
    500% on TASR call options;
    475% on AXP call options;
    464% on ARNA call options;
    and 292% on COF call options. We doubt any option newsletter performed as well as we did.

    Our 5 biggest winning recommendations in 2011:
    +1,167% Rambus option trade
    +357% RIMM option play
    +296% Freeport option trade
    +190% O’Reilly
    +184% Goldman Sachs
    We had 21 triple-digit winners and 12 (70%+) on 154 trades

    Our 5 biggest winning recommendations in 2010:
    +525% Adobe call options
    +297% Akamai Tech
    +190% Nike call play
    +177% Best Buy option trade
    +150% Green Mountain
    We had 19 triple-digit winners and 6 (70%+) on 115 trades

    Our 5 biggest winning recommendations in 2009:
    +1150% RIMM option play
    +552% Google call options
    +556% RIMM option trade
    +567% Bank of America
    +335% IBM call options
    We had 79 triple-digit winners and 19 (70%+) on 238 trades

    Our 5 biggest winning recommendations in 2008:
    +1,057% Google call options
    +867% AIG put options
    +588% Budweiser takeover play
    +400% Chipotle Mexican Grill
    +347 Merck option play
    We had 65 triple-digit winners and 13 (70%+) on 142 trades

    The portfolios can be found in the Members Area as well as past portfolios from 2008-2011. Overall, we are 621-273 on nearly 900 real-time recommendations that equals a success rate of 70%. This means, on average, 7-out-of-10 of our option trade recommendations make you money and we hope to have an even better success rate for 2013.

    If you are missing these juicy profits, come give us a try. Get your password to our Members Area instantly when you sign up TODAY! One profitable trade will easily pay for your membership. You can request our 2008-2012 Track Records by sending us an email or filling out the box below.

Trader Comments:
    I just want you to know that I love the way you write and explain everything. I am new to this, and have lost 50% of my account until I met you guys. Iit is slowly coming back. I will be calling to set up a year of membership rather than the one quarter. Thanks again, and LOVE YOU ALL. REGINA L.

    Rick, I appreciate the advice. I think I will just sit back and utilize your selections only for awhile. This will obviously save me a great deal of money in commissions. I have gone thru your entire site including the video on money management. This has brought me to the stark realization that I have been trading too much for too little. I definitely have not been "swinging for the fences", but I also think I have been getting impatient with trades and getting out too fast. This has no doubt caused me too trade too much. I like, and definitely agree on, the advice on money management. Thanks for the help. STEVE T.

    Thank you!!! I held on to the NFLX position since Nov. 13 at a cost of $1.89. Sold ½ on April 14th for a 540% return and the other ½ upon earnings for 702% return. Total profit of $11,615 a 621% return. Keep the recommendations coming and thanks to you and your team for the service you provide. SCOTT H.

    Rick & Team, GREAT Call on NKE for my two trading accounts:
    1) Entry at .65, out at 1.45, 1.55 Profit = $415
    2) Entry at .60, out at 1.75, 1.50 Profit = $485 PETER G.

    Hey Rick! Here is an update on what your picks have done in my accounts.

    1) Great call on the JoyG March 55. I bought when you said, then bought again on one of the dips. Booked 80+% profit. Made enough to pay for your service for years to come.

    2) Also booked profits on your Berk Feb 74 (80%) and threw a major chunk of change at the March 75’s (190+%). I would have never known that Buffet's stock had split if it weren’t for your service. Bought the shares also for the long haul. Won’t look at them for another 20 years. Great job on getting us in before the indexes did.

    3) Took profit on your Imax March 12.5. 20 cent trailing stop at 1.90 yesterday. Not sure what the profit on that was, but profit is profit.

    I see that you took a loss on some of these. It’s all good. I look to trade your “ideas” not your exact calls. I THANK YOU! For your ideas and commentary. Keep up the good work. And keep those ideas coming. LAWRENCE O.

    Loving this subscription so far! I got into the BRK feb 76 calls the day you talked about right before the split...now up over 300% (0.70 to 2.475)! Keep the good picks coming and let's see some OSIS and EMC upside soon! Just wanted to share my positive enthusiasm on your newsletter...it gives us individual investors great ideas on not only the options market, but also the broader equity market! Case in point is BRK...I can't always read the breaking business news but its easy to read your twice daily updates on my smartphone...helped me get some BRK shares immediately after the split which I will hold for the long haul! Thanks again! C.J.

    Aloha Rick - Thank you so much for the great CL pick. I am not sure if there was buy-out/merger news or what but at 3PM today Colgate-Palmolive absolutely EXPLODED to the upside, and my calls turned into green candy when they went from 1.40 to 3.8 in a matter of seconds! I even sold a few for over 4.0! Much thanks and keep the solid picks up my friend, honestly. Only a fool would scoff at 267% gains... Peace! SHAUN

    I like the fact that you ask for comments from subscribers. Good customer service. By the way, am enjoying the service so far. Some good profitable calls. Keep up the good work. MICHAEL K.

    Woo hoo! Out for 50% on WMT this am. Making up for my depression for getting out of pcln for a 30% gain monday :( you the man! any word on the manual? My friend Mike ( who I sent to your service) told me he emailed you about your integrity in reporting fills. I echo that sentiment big time.. keep it up! Cheers!
    PARAG P.

    Hi Rick, as a new member all I can say is, 'show off' LOL, with PCLN. JAY P.

    Rick, I am a new subscriber to your service, and I want to say I am impressed. I am impressed by your results, but more than that I am impressed by your reporting of your fills. You could have easily said you got that Wal-Mart call today for 80 cents, instead you reported 98 cents! Good job and keep it up, I watched the reporting of the fills first, and then I subscribed. Thank You. MIKE

    Hi, good morning. I jumped the gun a little on this one (PCLN). But still made $1,675.00 profit!! Very happy!! Keep up the good work!! Thanks. TRISH D.

    Hi there, I have joined recently, and I am very happy to tell you that I am up over $10,000 on your picks in a month. I started on 10/7 with the Intel pick. I'll be your member for life. Please don't quit on us. Also, I am learning a lot about options. I didn’t get in your recent APOL and that gold trade and only had one loss on CHK. I appreciate all the DD you do. I enjoy your market commentaries. Best advice site period, and I have tried a few here and there. Again, you guys rock! MIN L.

    Thanks be to Momentum Options Trading for providing me with some fantastic wins. I just started with this service and am up nearly 50% in less than a month. There have been losses, but if I manage them properly, I will continue the best efforts given on the blog (in which there are no complaints). What a great cause for humanity. I feel more confident about my trades and continue to play the wins. Best of all, I am now keeping my regular paychecks in the bank! Thank you! JOE G.

    Rick - I wanted to say thanks for getting me started on the right foot with your service. I have made six trades since starting on October 22, 2009. Five are winners and One loser netting me $6,245. Thanks again and keep the trade recommendations coming. GREG F.

    I got into the Nike 60 Call at 1.85, sold at 5.00, also bought a 55 put at 1.05, but got stopped out at .35. What a ride! $2830.00 in the black even with the put. It's right at 100% return. I hope earnings season coming up is going to look like this trade. NOEL

    Nice call on Nike. I think I'll go buy a pair with my profits! : ) I did the straddle for safety but still made 62% on the trade. Not bad for less than 24 hours. If Goldman is right, then the Nov 70s or 75's could be a steal today. TODD F.

    What a sweet way to get introduced to Momentum. My first trade based on your picks and it a 2X. Thank you! PAUL H.

    “Limit order was set at 1.60 on RIMM so it sold. I may have left some money on the table but you can't go broke making a profit. That was a fun trade. Thank you. Good call. I’ve been watching and trading Rick's advice since March. It’s usually a fun ride, but I give him heck when it's wrong to. :) ” NOEL

    “Your service rocks! I made bank on Dendreon last week! The other thing I have to say is that it took me quite a while to find a REAL options trading service like yours. Most of what’s out there is 99% scam and very sketchy. Momentum Options Trading is the first service I found that I can trust and seriously make money with.” CHRISTIAN

    “I made $420.00 on ANF in 2 days. Thanks for the trade and updates on getting out of the trade.” JOHN

    “I did follow a lot of your trades with 1-2 contracts per trade and YTD I’m up 108%. I try not to follow blindly by not entering all of your trades and sometimes entering the ones you don’t. I entered AIG a few weeks ago against recommendation – that one hurt.” CHARLES M.

    “I have been following you for several months and am interested in the new service. I hate to see the free service go away but as they say, “all good things must come to an end”. My ability to join will be greatly influenced by the monthly fee so I’m very curious to see the new prices. Thanks for making April a great month for me and my family.” BRYAN C.

    “I have really enjoyed the past month since finding your blog. You have made some great calls. I would appreciate info. on the new options mentoring program. Thanks.” JOHN H.

    “Hi Rick, I have been following your blog for several months now and I would like to be including on the list for your new service and to receive more information about it. And yes I was a Dendreon winner with your tips. Turned $280 into $7700, and literally saved my butt.” JEFFREY

    “I made over 6k on your Dendreon trade, and I’m very interested in learning how you pick and trade options. Sign me up.” ED

    “Rick – Wow what a day! I got in at the Dendreon calls at $2.25. Thanks to for your advice. I appreciate that. This company has a lock on this type of therapy and no one else in the world is close. Kind of reminds me of the type of companies that Peter Lynch and Warren Buffet suggest that investments be made in. Companies that can build a moat around their business model, that allows them to charge a premium for their product or service. In other words - a monopoly.” GREG

    “Hi Rick, Thank you so much for the Dendreon trade, I made almost $10,000 with that trade with a little over $2,000 investment. You have shown me the power of options trading. Again, thank you so much for all your inputs.” KEN

    “Hi Rick, thanks for the encouragement to play the dendreon calls! did freaking great! Got in the first lot at $1.44 on 3-24-09, sold at $2.45, 70% not bad. Bought it back at $2.30 on 4-7-09 closed out on 4-14-09 for 454% gain! Wow! I love it when that happens. So, thanks the encouragement to get back in when others were saying sell, sell, sell. Keep up the good work.” GARETT

    “Rick – Thanks for Dendreon – it has made all the headlines today! I missed on RIMM earlier, but I’ve been holding onto DNDN calls since 3rd week March. Of course today it all paid off today, as DNDN rocketed up.” TERENCE

    Jan. 31 2012
    Rick, new member...Studied all current trades, did some chart work,picked ZNGA, PEP, MGM...Sold on Feb. 2 for $3600.00 profit...Cost for 1-year membership to your newsletter was less than $1000.00..All I have to say..Thank you. John H –

    3/18/11
    Rick, I purchased 10 contracts of the Nike March 85 puts Thursday afternoon for $2.00. Thing is, I was upset because the puts went down to $1.60 or so before the market closed. Well, needless to say Nike didn’t impress Wall Street and when I turned on the computer this morning the puts were worth $7.10! Sold them for a $5,100 profit!. Thanks again, you are the MAN. Chuck J-

    2/3/12
    Hi Rick,

    I will start off with a thank you for your time and dedication to all
    the research you and your team commit yourself to. This is not me just being excited about the profits I have accumulated aka (bank) ! You have helped me get back to the passion I had of researching stocks/options. Keith N-

    Hi Rick,

    I want to share my great results on GMCR. Based on your comments on February 15th, I bought 20 options at $0.28. They closed today at $7.00, which is a 2,300% gain. My $560 dollars turned into $14,000 in less than a month. In decades of trading, this is my single best trade ever. Thank you! By the way, the Dow was down 228 points today and I could care less. What a great trade. It proves the amazing power of options. I am so grateful for your service, which calls it straight all the time, your options trading manual, and most of all, your amazing skill
    at finding winning trades. I have attached a copy of the trade from
    my brokerage screen.

    Hi Rick,

    Wow!! my account it up 70% since i joined last month and market is going the opposite direction. Really appreciate your service. I just wanted to drop a note to say THANK YOU. Hope to be with you guys for a very long time. Mel

    Rick,

    Great call on Fosl I bought the may 120 puts for 3.70 yesterday morning just sold for $32.00 today
    Keep up the great work
    Thank you, Henri

    Rick –

    I bought 10 Deckers Outdoor (DECK) May 55 puts at $0.50 on 4/26/12 and sold them on 4/27/12 for $1.65. I made $1150 in one day. Thanks. I knew something good would happen sooner or later.
    HOW THE HECK did you know Green Mountain Coffee (GMCR) was going to go down 20 points???!!!! I bought 10 of the May 35 puts at $0.49 and then 5 more at .30. I sold them at 5.80. Thank you again.
    You have made a believer out of me. Alan

    Rick –
    I have only been a member for about 6 weeks but I have done well on most of the trades. My first two were QQQ and SPY a month ago and since then I've gotten into the groove and been doing well.
    I try to execute the trades that you recommend as soon as you send them out, sometimes I can't and I miss the Entry price. However, sometimes when I miss the Entry, the price goes down and I get a better price.
    That's exactly what happened with GMCR.
    You recommended it at around $.81 I think, but by the time I got to it, the price was $.27. I bought 100 Puts on Wednesday May 2, 2012 and sold half of them 24 hours later at $5.95 for a nice 2,203% gain. As per your recommendation, as GMCR went above $30 I sold the remaining 50 Puts at $5.50 for a slightly less 2,037% gain.
    On average that one trade netted me a 2,120% gain, entirely based on YOUR recommendation (and a little bit of luck). To put this in real terms, I risked $2,700 on Wednesday and pocketed $54,550 just 24 hours later.
    So uhh, let's do that again real soon!!
    Feel free to use my name. The tax guys have me on speed-dial already anyway. Dennis

    Rick:
    That was awesome on your GMCR pick, I know how risky it can been holding into earnings but you pulled it off. 
    I just started my autotrading with you today and am in on your QQQ play. I look forward this service. 
    I have a busy career and I have tried to follow and trade throughout the day and found it too hard. I hope you continue to have a great year, I plan to go along for the ride. I am starting slow but will pile more in once I have secured some profits. 
    Keep up the good work your trading has been spot on. I am sure you paid your dues to get this point in your career. Anthony

    Rick:

    Great call on GMCR!  I have been trading for about 15 years actively.  This may be the best trade I ever made.  Got in on Monday, April 30 and the stock was up from when you recommended it.  It went up further after I got in.  Here are the facts:
    Monday, April 30th: Bought 15 June 37's at $1.25= $1900 approx
    Thursday, May 3rd: Sold 15 June 37's at $9.30=$13,950
    Gain for the week: $12,050.
    I understand you will not get them all right.  It’s important to ride those winners and as you could tell from my selling price, I sold when the stock went to $28.10, so left a little on the table.  Who can complain.
    Keep the suggestions coming, looking for another jump on your FSLR, one that I have been riding very hard.
    Best regards, Bob
      

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