by Ian Cooper | Oct 12, 2015 | Forgotten Profits, Trade Alerts
In recent weeks, shares of Amicus Therapeutics (FOLD) plunged from $15 to $6 on news the FDA is asked for more information on its treatment for Fabry disease, an inherited disorder stemming from a buildup of a fat in the body called globotriaosylceramide. It means...
by Ian Cooper | Oct 9, 2015 | Forgotten Profits, Trade Alerts
Since recommending the InterOil (IOC) stock and November 35 calls at $35 and $4.45, respectively, the stock has moved to just under $39 a share. That gives us an 11% gain on the stock, and a 24% gain on the calls, which now trades with a bid-ask of $5.25 x $6.35....
by Ian Cooper | Oct 7, 2015 | Forgotten Profits, Trade Alerts
Over the last few days, shares of DuPont (DD) have popped about 15% on news of the CEO departure. But unless there’s a significant change – and upside – in the commodities sector, I see very little to get excited about with this stock. Plus, the company just cut is...
by Ian Cooper | Sep 29, 2015 | Forgotten Profits, Trade Alerts
Let’s keep this quick and short. I’m diving into some new opportunities for Forgotten Profits, but wanted to make sure you received this recommendation quickly. After briefly dipping under 16,000, the Dow is now down 302 points to 16,011. It’s a mess. At this...
by Ian Cooper | Sep 15, 2015 | Forgotten Profits, Trade Alerts
The last time I traded IOC I picked it up personally around $15 a share… I would watch it explode to $90 a share years later, buying the dips, selling the rips. At the moment, IOC is again dipping into oversold territory on MACD, and RSI. Money Flow has been...
by Ian Cooper | Sep 2, 2015 | Forgotten Profits, Trade Alerts
If you’ve been watching the market, you know it’s been a crazed mess… One day, we’re down 500. The next day, we’re up 200… It’s insanity. But, it’s still tradable. In fact, if we pay attention to the herd, they’re actually pointing to big potential wins… For instance,...
by Ian Cooper | Aug 27, 2015 | Forgotten Profits, Trade Alerts
On August 26, I recommended that you consider a position the McDonald’s (MCD) October 92.50 call and the December 92.50 call, as they traded at $2.75 and $4.20 respectively. Today, after an impressive move, consider selling to close both of those positions. The MCD...
by Ian Cooper | Aug 25, 2015 | Forgotten Profits, Trade Alerts
On August 19, I recommended that you close a MCD call and open a MCD October 100 put. If you bought in, consider selling to close the position now to secure gains. McDonald’s along with many other stocks were beaten silly, as the Dow fell more than 1,700 points over...
by Ian Cooper | Aug 21, 2015 | Forgotten Profits, Trade Alerts
Last night, I recommended that you consider exiting just half of the DIA November 174 put for solid gains. This option last traded around $10.65. I’m now recommending that you exit the second half of the put option here to secure even more gains. I’m also recommending...
by Ian Cooper | Aug 20, 2015 | Forgotten Profits, Trade Alerts
As we’ve been saying for quite some time, this is not a safe market. Today’s plunge was proof of that. But what’s scary is that it’s far from over. We just broke late 2014 support could very easily plunge to 16,000. We have to be prepared for anything. Our DIA...
