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

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

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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This entry was posted on Tuesday, April 19th, 2011 at 4:19 am and is filed under Free Stock Picks. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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Pingback by New Trade: Long Priceline (PCLN) & Short Monster Worldwide (MWW) « Intelligent Speculator — April 25, 2011 @ 5:02 am

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