Millicom International (MICC) soared 4.7% yesterday and over 8.5% in the last three trading days. The stock is now up almost a whopping 39% since we recommended it in late August. With the options up 370%, take profits on half of your remaining options. After today’s sale, we will retain 1/8 of the MICC options that we originally bought. Millicom is trading at just over $55, and our price target remains in the $58-$60 range, so let’s sit tight on the stock for now. Tighten your stop to $50.25.
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