Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.
With our options up 76.09%, it’s a good time to take some profits off the table. Sell half of your options (VIQ-GT) here, but hold on to the stock for more gains.
Also, our Brazil-based China play — mining giant CVRD (RIO) — announced record profits last night after the market closed. CVRD recorded an 86.9% rise in net profits in the first quarter of 2007, driven by the strong performance of its new Canadian nickel unit Inco Ltd. Profits totaled a record $2.22 billion, up from $1.19 billion a year ago.
With other mining stocks up overnight in Asia, and CVRD up in pre-market trading, let’s sell half of our options (RIO-FH) here for a 56.86% gain.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: