Take AEM Profits!

Lock in 24% Gainer

By Bryan Bottarelli
Wednesday, May 20, 2009 9:50 AM EDT
Wed, 20 May 2009 13:50:00 GMT

PLAY: Sell your AEM June 55 Calls (AEM FK) at or above $3.50, good for the day.

Dear Bottarelli Research Member,

Good morning. The major market averages are once again opening to the upside, as investors are apparently happy that Bank of America flooded the market with 1.25 billion shares at an average price of $10.77, which grossed them roughly $13.47 billion. This early morning upside has helped to push gold, oil, and the major market averages higher, which is offering a nice boost to our AEM June 55 Calls (AEM FK). As you know, we entered these calls on 5/13/2009 for $2.90, and they’ve now hit a high of $3.60, good for a 24% gainer. Let’s lock in these profits now!

PLAY: Sell your AEM June 55 Calls (AEM FK) at or above $3.50, good for the day.

As always, I’ll follow up with more updates as the day progresses. Until then…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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