2-Day Gains – Take It If You Can!

RAIL Shooting Higher

By Bryan Bottarelli
Tuesday, February 14, 2006 2:55 PM EST
Tue, 14 Feb 2006 19:55:00 GMT

Dear Bottarelli Research Member,

Freightcar America (RAIL – NASDAQ) is having an awesome day.

The railcar manufacturer is up $2.71 as I write, good enough to hit a new 52-week high at $65.62. This up-move has pushed your RAIL March 60 Calls (RQN CL) up to a high of $7.40 today. Yesterday, you entered these calls for $6.10. That’s good for a 21% gain in two days.

Now, I know that 21% in two day’s isn’t a grand slam, but it is a nice two-day hit. I’m all about instant gratification, especially when so many new Charter Members are trying the system for the first time. So just to get everyone off on the right foot — and give you a little taste of the profits you can generate with this system — I’d like you to take your 2-day profits.

If you can get filled on a $7.10 price by the end of today’s trading, that’s a two-day gain of 16%. I’d like you to take the gains. If you cannot get $7.10, keep holding for more gains.

PLAY: Try to sell your RAIL March 60 Calls (RQN CL) at or above $7.10. If this price does not trigger by the end of the day, keep holding.

UPDATES

MDC hit a new 52-week low today at $58.90 and then quickly rebounded to $61.47. Despite the move, the housing sector remains weak and MDC is still in a down-trend.

The MDC June 65 Puts (MDC RM) you bought for $7.10 trade today for $6.50. Hold.

Google has been all over the map. As I write, the June 240 puts (GOU RH) you bought for $4.50 trade for $4.40. Hold.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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