Action Alert: FDG Hits 50%, Sell HALF
Dear Bottarelli Research LEAPS Member,
Despite the tremendously weak market conditions, our current LEAPS ledger is performing remarkably well. Case in point, look no further than Fording Canadian Coal Trust (FDG – NYSE).
The FDG September 90 Calls (FDG IR) that we entered on 6/9/2008 for $5.40 have just traded as high as $8.30, good for a 53.70% return. Following our “Scaled Selling Technique,” this officially triggers a “Sell Half” at the 50% profit mark. If you haven’t already done so, lock in HALF of your FDG gains, and congrats on a nice return. From the looks of things, there’s more on the way!
Sincerely,
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