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!
If you liked this post, you can consider subscribing to our free newsletters here
[…] 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 […]