Lock in CLF

Take 18% Gainer

By Bryan Bottarelli
Wednesday, May 28, 2008 10:22 AM EDT
Wed, 28 May 2008 14:22:00 GMT

PLAY: Sell your CLF June 100 Calls (CGJ FT) at or above $5.00, good for the day.

Dear Bottarelli Research Member,

Another quick note on Cleveland-Cliffs (CLF – NYSE). While I admit that this position has been all over the map, the stock has finally moved in the direction that I expected. And while I still feel that CLF has more room left on the upside, sometimes it’s best to take your profits and run. After all, for those still holding this position, you know that it has seen its fair share of ups and downs. Therefore, if you’re still holding, let’s go ahead and lock in our profits now!

PLAY: Sell your CLF June 100 Calls (CGJ FT) at or above $5.00, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

© 2012 CSR Group, LLC. All rights reserved. Published in USA.

Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies — let the buyer beware. Bottarelli Research does not provide individual investment advice, act as an investment advisor, or individually advocate the purchase or sale of any security or investment.

Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Bottarelli Research reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber’s initials will be used unless express written permission has been granted to the contrary.

CSR Group, LLC expressly forbids its writers from having a financial interest in any security recommended to readers. Furthermore, all employees and agents of CSR Group, LLC and its affiliate companies must wait 24 hours before following a published recommendation.

Bottarelli Research alerts contain time-sensitive information, and are published and distributed to members with urgency. Because of this, not all published materials can be adequately proofread, and an occasional spelling or grammar error may exist.


Other Options Alerts From May 2008