Closing Trade: Long WebMD (WMBD) & Short The Knot (KNOT)

By: ispeculatornew
Date posted: 04.19.2011 (4:19 am) | Write a Comment  (1 Comment)

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Good news for the first time in a few weeks, we will be able to close out a trade, specially, our trade on WebMD (WBMD) and The Knot (KNOT) which is actually our most recent one and currently stands at +20,88% so I will be closing it out on Tuesday’s opening. It might jump a bit at the open as WebMD was just upgraded by Cannacord. I have to say, it’s very possible that I will be opening up a similar trade in the near future as I think there is still money to be made on this trade. What helped us get over the top? It’s clearly The Knot which has taken a drop in the past 2 weeks while WebMD has been basically flat.

The best news of all? We will be opening up a new trade very soon, hopefully Monday!

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1 Comment

  1. […] being able to close out our trade on Long WebMD (WBMD) & Short IAC Interactive (IACI) last week, it meant that I would be able to open a new trade which was obviously very good news. It […]

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