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Sunday, August 29, 2021
Just As We Suspected
Hey Trader,
At Insider Report, we bought into a sporting goods stock after company insiders snagged up tons of shares ahead of earnings.
The day before earnings, this stock had a huge run too — but we aren't greedy. We didn't want to wait and see if the earnings call pushed the stock even further upwards. After all, earnings can be full of surprises.
So we cut some of our risk by taking profits the day before: 12% stock returns and 109% on the option.
And would you look at that: the stock dropped the next day! Turns out online sales weren't too hot, even if other numbers looked strong.
See, insider buys can be a great sign of profits to come, but nothing's guaranteed. There's more to it than that. You need to have a plan for maximizing profit potential while minimizing risk.
And we have that at the Insider Report. By following what we do… you, too, can make big potential profits on insider moves without as much risk.
Market Traders Daily Director of Client Services 888-228-2376
Disclaimer:Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses.
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