Sell Alert: Hanesbrands (HBI)
TRADE INSTRUCTIONS
Date: June 16, 2017
Name: Hanesbrands
Symbol: HBI
Type: Close
Limit: Sell at market
TRADE RATIONALE
I raised the stop price for HBI to $22.25 on June 12 to ensure a minimum gain of at least 10% for everyone who bought it at or below or buy limit price, and today it traded at that price to trigger this sell alert. There were times when I thought this holding might end up taking us to the cleaners, but in the end it turned out to be a good trade for us and a bad trade for the shorts.
Stock Talk
Fo
Advice to fellow subscribers: Open a position now to accumulate as many GROANS as feasible against the possibility that the Rapid Rewards Matrix fixes a tight focus on the trade contours of Lululemon. ?
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