Thank You Carl Icahn- Piggyback Trade Ideas on Family Dollar Stores Stock for June 9 2014

Jun 8, 2014 | Family Dollar Stock (FDO), Trade Alerts and Ideas

Carl Icahn has made me a lot of money. I should send him a thank you card. Last year I did very well on Clorox stock and this year I did well on Apple Stock and now thanks to his move into Family Dollar Stores I will have another great trade.

FDO Stock Bought May 15

As regular readers know, I bought shares on May 15 for $56.15 using the Home On The Range Strategy. Mr. Icahn’s timing could not have been better for me. I am still holding those shares as the chart pattern continues to show more upside in the stock. With Mr. Icahn’s notice, I may hold the shares a little longer. Too bad I had not bought more than 500. I have received a lot of emails this weekend from investors thanking me for the article back on May 13. I was surprised at how many members bought shares but one member, Rene stands out as he bought 4000 shares for $56.20. Now that is a tidy sum of money! In his email Rene now advises he will be using a schedule strategy similar to what I use for the Apple Stock Put Selling to protect his profit against a pull-back. He plans to hold on and see how far Icahn can push FDO stock.

Monday promises to be an exciting day for FDO stock and I have three trade ideas all laid out.

Family Dollar Stores Stock – Trade Ideas

FullyInformed USA Members can can review the trade ideas for Monday on FDO stock directly through this link or USA Members can sign in to the full members site here. Non-members can join here.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.