Trade Close: Copa Holdings (NYSE: CPA) for a Quick Profit
It’s a busy day here as this is the second trade update coming out this morning. If you did not catch the earlier trade alert please click here to review it.
I am recommending a close out of the trade in Copa Holdings (NYSE:CPA) that was initiated on with the last 30 Day Dividends newsletter issue sent out on December 31, 2014. Yesterday, January 20, CPA gained $10 per share and it is time to take a quick profit rather than wait for a little more.
The CPA trade was initiated with a 20% profit goal in a six to nine month time frame. With a nearly 10% gain in three weeks, I would rather lock in the profit and look for new opportunities for that money.
Trade: Close CPA position for an 8% to 9% gain in three weeks. I will use the closing price to track the recommendation results.