Take CMI Profits!

Lock in Fast 24% Gainer

By Bryan Bottarelli
Tuesday, June 19, 2007 3:41 PM EDT
Tue, 19 Jun 2007 19:41:00 GMT

Dear Bottarelli Research Member,

I told you this morning that the Cummins (CMI – NYSE) play would be a short term trade. Well, I wasn’t’ kidding. As I write, the CMI July 100 Calls (CDM GT) that we entered this morning for $3.80 have traded as high as $4.70, good for a very nice 24% gain in a matter of hours. Let’s go ahead and lock in those gains now!

CMI

PLAY: Sell the CMI July 100 Calls (CDM GT) at or above $4.70, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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