Time to make a profit

Brad Holland

Brad has over 20 years experience in the Australian and US equities and options markets. Brad specialises in equities and options for capital growth, income generation and capital protection. He also specialises in finding opportunities in small to medium cap stocks. Brad holds RG146 - Securities & Managed Investments and Accredited Derivatives Adviser Level 2 qualifications.

October 4, 2024

CAT.AX | High Conviction Report

With the overall market starting to turn lower, we recommend the sale of the Catapult Group International Ltd (CAT).

The CAT share price is currently $2.42. When selling, you should try to sell for $2.40 or better.

To spend more time on new profitable trades going forward when we exit trades, articles will be short, concise, and to the point and will not go into detail on why we are selling. This change will benefit all high-conviction members because it is all about the profitability of the next trade.

Closed position Result

Number of Shares Purchased: 2,000

Initial buy price: $1.83

Exit Price: $2.40

Position closed for a Profit of $1,140

This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.

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