This week’s trade is Petmedsexpress.com Inc (PETS). This company had bad earnings (reported 7/23) and has been consistently green since then. It appears to be recovering. I will be looking for an entry in the mid $30s.
At the beginning of each week, we’ll be making a single trade that we expect to perform well in the coming week. Normally we’ll be expecting between 4%-8% profit on each trade. We’ll use these trades to teach you how we mitigate risk while trading for substantial gains. Check out our trade log to see how we’re doing!