Action Alert: WFT Hits 50%
Sell Half of Position
Dear Bottarelli Research Member,
As a friendly reminder, shares of Weatherford International (WFT – NYSE) have continued to out-perform in this weak market environment. Shares have hit yet another new 52-week high today right under the $50.00 level, and this has pushed your WFT January 2009 50 Calls (WFT AJ) up to a high of $6.76. This has officially registered a 53.64% gain from your $4.40 entry price, and adhering to our “Scaled Selling Technique” this triggers you to “sell half” of your position. Lock in your gains on half now!
PLAY: Sell HALF of your WFT January 2009 50 Calls (WFT AJ), good for the day. Hold remaining half for more upside.
Congrats on another strong winner.
Sincerely,
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