Sell Alert: Ruth’s Hospitality (RUTH)
TRADE INSTRUCTIONS
Date: December 1, 2016
Name: Ruth’s Hospitality Group, Inc.
Symbol: RUTH
Type: Close
Limit: Sell at market
TRADE RATIONALE
We are closing out our position in Ruth’s Hospitality since we have reached the end of our targeted 3-month holding period. This has been a great trade for us, with RUTH currently priced 15% above our initial buy limit price of $15. That works out to an annualized return of 60%, far above the 20.7% gain we targeted in the original buy alert.
I’ve noticed that many of you are using options and other strategies to participate in these trades, so if you made money along with us on this one then feel free to share the details of how you profited from it so I can enhance future alerts to include multiple strategies. You can do so by using the Stock Talk feature at the bottom of this page, or by sending a private email to me directly at jpearce@investingdaily.com. Thank you!
Stock Talk
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Super Jim! I am reading $$ rotating out of tech, into one of your favs Ford, Gm, and industrials.
Jim Pearce
Yep, which appears to be giving Delphi a nice push today. And this video news story from CNBC yesterday certainly didn’t hurt! http://finance.yahoo.com/video/stocks-buy-under-trump-dlph-211600168.html
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