Booking 107% profits in Spreadtrum Communications (SPRD)

With the market up sharply this morning on the relief rally driven by Europe’s debt deal, your Spreadtrum Communications (SPRD) call options have soared, as well.
You’ve already sold half of your SPRD options for 61% gains. I’m now recommending that you sell your remaining SPRD options to book a 107% gain.
That profit makes your 14th triple-digit percentage gain in Bull Market Alert this year — even as the U.S. market is barely breaking even.
Also, your positions in European banks — National Bank of Greece (NBG) and Bank or Ireland (IRE) — are also up sharply this morning.
 
Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

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