by Ian Cooper | Feb 2, 2015 | Forgotten Profits, Trade Alerts
My eTrade information didn’t update correctly. In the last alert, we mentioned buying the DECK June 2015 67.50 call up to $2.30. I was quoted a price of less than that originally. When it corrected, I had a bid-ask of well over $6. If you still bought at the...
by Ian Cooper | Feb 2, 2015 | Forgotten Profits, Trade Alerts
IMPORTANT: Make sure you read this post as there was an error with this price quote. In December 2012, Deckers Outdoor (DECK) warned on sales. The stock fell from about $50 to $35 before recovering to $66 highs. In 2014, the stock fell from $90 to $75 on sales again...
by Ian Cooper | Jan 26, 2015 | Forgotten Profits, Trade Alerts
I’m not a housing bull. I’ve been bearish on the sector since 2008. I still don’t believe there’s a recovery because one wouldn’t make sense without exemplary employment growth and wage growth. Recent earnings and margin pressures at KB Home and Lennar aren’t...
by Ian Cooper | Jan 20, 2015 | Forgotten Profits, Trade Alerts
Please join us this Friday, January 23, 2015 at 12 EST for the latest Forgotten Profits webinar. Over the last week, I opened a position in Finish Line (FINL) with a May 25 call at a price of $1.65. It currently trades at $1.45. I see no reason to exit. After testing...
by Ian Cooper | Jan 12, 2015 | Forgotten Profits, Trade Alerts
While holding all other positions, consider closing the second half of the Activision (ATVI) February 20 put for gains. The stock has pulled back nicely after failing at $22 double top resistance. Also, shortly after recommending a buy on the Finish Line (FINL) May 25...
by Ian Cooper | Jan 12, 2015 | Forgotten Profits, Trade Alerts
From now on, we will issue weekly alerts on any weekly activity from Forgotten Profits. This way, we can keep you up to date, and issue reminders on recent buy and exit activity. Also, please note that our next webinar will be held January 23, 2015. Please stay tuned...
by Ian Cooper | Jan 12, 2015 | Forgotten Profits, Trade Alerts
The herd isn’t rational. It never has been. It never will be. It’s driven by extreme forces of fear and greed. Stocks get too high because of it. Stocks get crushed because of it, too. But if you can spot the extremes, you put yourself ahead of the game. Look at...
by Ian Cooper | Jan 7, 2015 | Forgotten Profits, Trade Alerts
It’ll be interesting to see if this rally has legs… For now, traders believe it does. I’m not so sure. While the bulls come back out of hiding today, I’m recommending that you sell to close the second half of the DIA March 2015 176 put for quick gains. It’s not worth...
by Ian Cooper | Jan 6, 2015 | Forgotten Profits, Trade Alerts
Just yesterday, we exited half of the DIA March 176 put for solid, quick gains of up to 49%. Today, the put is up to $6.65, moving higher as the Dow pulls back another 100 points. Hold. Unfortunately for the bulls, there’s not much to get excited about. Oil and...
by Ian Cooper | Jan 5, 2015 | Forgotten Profits, Trade Alerts
Happy New Year… Here’s to a happy, healthy and profitable year. When we last spoke, I recommended a buy on DIA March 2015 176 put, arguing the Dow was likely to fail at a double top and move lower. That’s exactly what happened. On failure, the Dow is down 236 points...
