Take Profits!

PCU and LVS Shoot Higher

By Bryan Bottarelli
Monday, December 04, 2006 1:53 PM EST
Mon, 4 Dec 2006 18:53:00 GMT

Dear Bottarelli Research Member,

I’d like to lock in profits on two of our current call positions.

First up, I’d like to take our gains in the PCU January 52.5 Calls (PCU AX). As you recall, we entered these calls on November 29th for $3.80, and I also reiterated this same buy late last week around the same price (perhaps even better).

PCU

As I write, shares of PCU are following their establihed up-trend exactly as predicted, which has pushed your calls all the way up to $4.50. In fact, they may hit $4.70 at any moment. At any rate, let’s take our profits off the table now!

PLAY: Sell your PCU January 52.5 Calls (PCU AX) at or above $4.50, good for the day.

It’s also time to lock in an intra-day winner on our LVS January 95 Calls (LVS AS).We purchased these calls earlier today for $5.80 and then watched them quickly soar all the way up to $7.00. That’s a 20% gain in a matter of hours! Let’s take the money and run!

LVS

PLAY: Sell your LVS January 95 Calls (LVS AS) at or above $7.00, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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