Koss (KOSS), a manufacturer of headphones, was bought at an average price of $9.31. This morning it traded as high as $24.83 in the premarket. This represents a gain of up to 166%. It quickly jumped into the second target zone of $23 to $27. When it backed off after jumping into the target zone, all subscribers should have taken at least partial profits or full profits.
The premise behind the signal was a short squeeze. That call has proven spot on.
Our subscribers range from ultra-sophisticated money managers to private investors just starting out. For those who are not comfortable with trades such as this one, there are plenty of other short term trades as well as the very long term Model Portfolio that has done extremely well.
Since the morning high the stock has backed off to $16.50 as of this writing in the premarket. Consider taking more partial profits right here. Even at $16.50, it represents a gain of 77% in one day.
What To Do Now
Those who are holding partial quantity after the profit-taking may consider moving the stop to breakeven.
Those who are not in the stock may wait for a signal on the Real Time Feed. If you missed it, no worries; there have been and will continue to be plenty of signals to make money irrespective of market conditions and the latest fad. The beauty of the algorithms at The Arora Report is that they have a proven track record of making money in all market conditions from very long term positions, to long term positions, medium term positions and short term trades. In the 2008 market crash when most of the portfolios lost over half of their value, subscribers to The Arora Report generated over 42.9% profit by using inverse ETFs and hedging. Those who could short made a killing generating over 100% profits.
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This post was published on ZYX Buy Change Alert.
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