BullTrade.com Subscribers Net a Big
Gain With Crafty Internet Play
As the market seesawed throughout the middle of August, the
BullTrade.com newsletter (http://www.bulltrade.com) seized the
opportunity to short a stock in the weakened Internet sector.
A recommendation to short Broadcast.com (NASDAQ:BCST -
news) at $61 was added to the daily newsletter on Aug. 18.
BullTrade.com's expertise in a down market proved valuable to
subscribers who were told to cover their positions when the stock
reached $54 or lower. Within only a few days, BullTrade.com
subscribers realized a gain of at least 13%. This recommendation
was made on the heels of an over 30% gain on CMG
Information Services (NASDAQ:CMGI - news) earlier in the
month.
The Internet sector has been quite volatile during the recent
market sell-off. Throughout the month of August, BullTrade.com
received numerous questions concerning stocks in the Internet
sector.
BullTrade.com has commented/placed recommendations on
many other Internet stocks like American Online (NYSE:AOL -
news), Geocities (NASDAQ:GCTY - news), Netscape
(NASDAQ:NSCP - news), Infoseek (NASDAQ:SEEK - news),
Excite (NASDAQ:XCIT - news), Lycos (NASDAQ:LCOS -
news), Amazon.com (NASDAQ:AMZN - news), Yahoo
(NASDAQ:YHOO - news), CNET (NASDAQ:CNWK - news),
Broadcast.com (NASDAQ:BRCM - news), Onsale (NASDAQ:ONSL - news), Mindspring
(NASDAQ:MSPG - news), CDnow (NASDAQ:CDNW - news), E-TRADE (NASDAQ:EGRP -
news), Doubleclick (NASDAQ:DCLK - news), Earthlink Network (NASDAQ:ELNK - news),
RealNetworks (NASDAQ:RNWK - news), 24/7 Media (NASDAQ:TFSM - news), WavePhore
(NASDAQ:WAVO - news), Concentric (NASDAQ:CNCX - news), Inktomi (NASDAQ:INKT -
news), N2K (NASDAQ:NTKI - news), Egghead.com (NASDAQ:EGGS - news), Go2Net
(NASDAQ:GNET - news), Lucent Technologies (NYSE:LU - news), USWeb (NASDAQ:USWB -
news), @Home Network (NASDAQ:ATHM - news), Spyglass (NASDAQ:SPYG - news) and IDT
Corp (NASDAQ:IDTC - news).
BullTrade Corp. (www.bulltrade.com) provides investors with a daily newsletter and financial forum.
Members receive a newsletter before each market session, via e-mail and on-site, that outlines a
short-term and long-term portfolio, as well as views on the current market conditions and issues that
are relevant to successful trading. The BullTrade newsletter is ideal for both beginner and
experienced investors, and is available for a very affordable $20 per month.
For more information, visit the BullTrade web site at bulltrade.com
Note to Editors: The company name E-TRADE uses an asterisk instead of a hyphen, but the asterisk
does not accurately transfer over all wires.
Contact:
BullTrade Corp.
Michael Neves, 650/949-5989
bulltrade@bulltrade.com
bulltrade.com |
