Sell Alert: IPG Photonics (IPGP)
TRADE INSTRUCTIONS
Date: August 1, 2017
Name: IPG Photonics
Symbol: IPGP
Type: Close
Limit: Sell at market
TRADE RATIONALE
IPG Photonics released second quarter results this morning that far exceeded the consensus estimate, pushing its share price up more than 8% in early trading today! Now trading well above our target price of $162, we are selling IPGP and realizing an annualized gain of 115%!
That makes two triple-digit winners today, let’s see if CACC can get up to $275 to make it a hat trick!
Stock Talk
Derek: Las Vegas, NV
Closed my debit spread for $7.86 credit for 100%+ return in 40 days.
You must be logged in to post to Stock Talk OR create an account
Add New Comments
You must be logged in to post to Stock Talk OR create an account