Smack in the middle of my Vegas seminar today, these 3 stocks broke out of multi-month bases and each stock, Caribou Coffee Co., Inc. (CBOU), Diedrich Coffee, Inc. (DDRX) and Green Mountain Coffee Roasters Inc. (GMCR) have lots of short interest, meaning that as these PERFECT TECHNICAL BREAKOUTS likely continue and build, those shorts are gonna get squeezed…
And that’s why TIMalert subscribers were sent this message today:
Bought 2000 CBOU At $9ish…hot K-Cup sector wannabe play,
DDRX is the main one that is breaking out, but I wussed out on
buying the breakout at $26ish, I hate buying morning spikes…
CBOU’s breakout is $9, so its not a guaranteed breakout, and the
volume has to be stay strong, goal is to sell above $9.50, possibly
$10ish if the volume can really spike and DDRX goes above $30…
mental stop loss of 25 cents/share, gotta keep speculative trades tight.
Check out the-perfect-setup-for-longs-charts:
Despite my $500ish profits so far, I held CBOU overnight because I expect this breakout to continue, potentially pushing CBOU into double-digits, but only TIMalert subscribers know what I expect for tomorrow…
Michael Goode, whose trading profit charts I just featured earlier tonight, and several other TIMalert subscribers already took profits, most of whom actually anticipated not only the breakout but also my trade alert (yup, watch my instructional DVDs enough and you’ll actually be able to trade using your own intelligence/knowledge!:
+$1199.92 on CBOU … I bought it at $9.00 40 minutes before Tim bought and sold at $9.22. +$198 on VRMLQ, got a buck a share on 200 shares on $20 cross
-Reaper
+$425 took half profits on CBOU, holding rest overnight
-JJ
+$90 on 300 shares on CBOU, missed a full fill.
-TBohen
Tags: Breakouts, Coffee Stocks, Hot Coffee Burns Short Sellers, Story Stocks
