Start off 2006 with 85% Profits
Sell PSYS
Dear Bottarelli Research Member,
After last night’s close, Psychiatric Solutions did something that Wall Street absolutely loves: They raised their 2006 outlook.
The company is now expecting to earn between $2.20 to $2.25 per share — up from the previous range of $2.10 to $2.15 per share. The increased guidance is primarily due to two recent hospital acquisitions: Wellstone Regional Hospital and Atlantic Shores Hospital.
On the news, PSYS stock is rocketing $4.00 higher, hitting a new 52-week high at $63.07. Of course, this is wonderful news for your PSYS February 40 calls (BYU BL), which are currently trading for $5.10. After your $2.70 entry price, that’s a solid 85% gainer.
It’s time to lock in your gains.
PLAY: Sell your PSYS February 40 Calls (BYU BL) at or above $5.00, good for the day.
Do you see how wonderful this trading system is? When you follow indisputable market facts (like stock splits and new 52-week highs), good things typically follow. An 85% gainer in just under 10 trading days is solid proof that this system works. Congrats on your gains, and get set for a lot more trading like this in 2006!
Sincerely,
© 2012 CSR Group, LLC. All rights reserved. Published in USA.
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