You Could Have DOUBLED Your Money in Just Two Weeks!
Last week, War Room members hit another home run despite this crazy market. It was with a small cap stock they jumped in and out of in a very short period.
We trade a lot of options in The War Room, but we also trade stocks. We’ll always sniff out an opportunity if there’s money to be made.
Once again, we followed the insiders on news giant Gannett (NYSE: GCI), which operates a bunch of newspapers, the biggest being USA Today.
The shares crashed down to $1 range as the coronavirus impact was felt far and wide. Gannett laid people off, cut down some operations, made executives take pay cuts and suspended its generous dividend.
Looks like a total nightmare, right?
It just so happens that I saw some light in the form of insider buying. Why would insiders buy a stock when the company looked like it was going out of business?
I dug a little deeper and saw that the company’s numbers would likely not be as bad due to its massive online presence.
Advertising, which drives these news organizations, would definitely decrease going forward. But with the economy opening up, that would likely reverse at some point.
And Gannett had the most important thing to survive the downturn… cash.
Here’s what I recommended to members on May 21…
War Room members jumped in on this trade. And just look at their results no more than two weeks later…
“Just doubled my money on GCI. Thank you.” – Miguel 6/5/2020 at 9:56 am
“Thanks Karim! When I saw your comment, I went for GCI hoping for a 100% gain over several weeks and cashed in about 2 hours later, having achieved it! WOW!” – Kelland H., June 5 at 10:53 a.m.
“Karim, good call on GCI. I am at 112% setting a 10% trailing stop.” – Zman, June 5 at 1:25 p.m.
“TGIF, wow a great start to a great weekend, in on GCI @ $0.5 and out @ $0.45…sweet, you guys are the best. It’s a beautiful day and I am going for a cruze on my bike later on.” – Tim M., June 5 at 10:46 a.m.
“GCI in @ $1.34 out @ $3.08.” – Edward R., June 5 at 11:14 a.m.
Action Plan: The War Room is more than just options trading. Sure, that’s where we make a lot of our bread and butter… but we also add a lot of jam with our stock trades.
Isn’t it time to you hopped aboard and joined The War Room? Your next big winner could be featured here next…
About Karim Rahemtulla
With more than 20 years of experience, Karim has mastered the subtle art of options trading. What we admire about him is his ability to score huge gains while minimizing the massive amount of risk that often comes with options. Beyond his expertise in options trading, he is also the author of the best-selling book Where in the World Should I Invest? He publishes weekly about smart speculation in his latest free e-letter, Trade of the Day.