Good News Galore

Good News Galore

12:35pm (EST) Market Notes Some of the stocks we are following are hotter than a smokin’ James Bond Girl… The market is moving faster than we can type today and we have our fingers in a lot of pies. Talk about action…we have TWO triple-digits winners in our portfolio. One was closed for a 110% return. The other trade we profiled is up 175%. No joke. There is so much to talk about we don’t know where to begin. Let’s start with Imax (IMAX, $10.70, up $0.91). We recently profiled a call option trade in the company which was up over 80% at one point. We have been all over this company like wool on sheep and the trade was recently stopped out for an 11% gain. The stock closed at $10.73 on Monday and was popping over $11 all of last week which is when we were showing our strongest gains. Perhaps Wall Street has caught on to MomentumOptionsTrading.com? The shares have been under pressure all week and yesterday the stock closed below $10 at $9.79. And wouldn’t you know it? Piper Jaffray came out with an “Overweight” rating this morning which is why we are seeing the 10% pop. We have a plan for Imax though… We also wanted to talk about Garmin (GRMN, $31.24, down $0.35) as well. The stock got hammered yesterday after Verizon (VZ, $29.73, down $0.22) unveiled its new Motorola (MOT, $8.88, up $0.92) / Google (GOOG, $547.81, up $7.51) phone. What does this really mean for Garmin? Current subscribers, check the Members Area for the trade…]]>

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