Take ABX Profits

Lock In Quick 28% Gainer

By Bryan Bottarelli

Wednesday, March 26, 2008 3:41 PM EDT

Wed, 26 Mar 2008 19:41:00 GMT

PLAY: Sniper Sell your ABX April 45 Calls (ABX DI) at or above $2.50, good for the day.

Dear Bottarelli Research Member,

Now that didn’t take long!

As I expected, shares of Barrick Gold (ABX – NYSE) are bouncing back nicely after being grossly over-sold last week. As I write, the ABX April 45 Calls (ABX DI) that we entered earlier today for $1.95 have traded as high as $2.56. That’s good for a super-fast 31% gainer — and this officially triggers our pre-set sniper sell target at $2.50. Therefore, let’s go ahead and lock in these quick profits now!

ABX

PLAY: Sniper Sell your ABX April 45 Calls (ABX DI) at or above $2.50, good for the day.

At the same time, maintain your RIG April 140 Calls (RIG DH) and your COF April 50 Puts (COF PJ) for more gains.Congrats on your quick ABX winner, and as always:

Lock and load!

Sincerely,

Bryan Bottarelli

Editor, Bottarelli Research

Featured in this Alert:

Disclaimer

Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies — let the buyer beware. Bottarelli Research does not provide individual investment advice, act as an investment advisor, or individually advocate the purchase or sale of any security or investment.

Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Bottarelli Research reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber’s initials will be used unless express written permission has been granted to the contrary.

CSR Group, LLC expressly forbids its writers from having a financial interest in any security recommended to readers. Furthermore, all employees and agents of CSR Group, LLC and its affiliate companies must wait 24 hours before following a published recommendation.

Premium Subscriptions

For specific buy and sell recommendations, subscribe to a Bottarelli Research trading advisory service.