MomentumOptionsTrading.com Trade Alerts (RIMM, LNKD) for 6/21/2011
July 3rd, 2011 | by Hugo Gullett |For those of you who use our cell phone alerts or Twitter updates, we wanted to send out a Trade Alert for two of our current trades. This morning we set hard stops for LinkedIn (LNKD, $67.71, up $4.00) and Research In Motion (RIMM, $27.49, up $1.60).
We had already closed half of these trades to lock in profits and the stops on the rest of the positions have been hit. LNKD was closed for 110% return in 5 days while subscribers banked 357% on RIMM in 2 weeks.
We will be back in about an hour with a short market update and a possible NEW TRADE. Subscribers, stay locked and loaded and be sure to check the Members Area for the updates.