By Karim Rahemtulla In yesterday’s Trade of the Day, I wrote about the Cleveland-Cliffs (NYSE: CLF) insider play I recommended in The War Room. The thesis behind the trade was simple. I saw good cluster buying by insiders, and that triggered a buy signal.
Usually, insider plays take weeks or months to play out. This one played out in a matter of a couple days!
War Room members entered Cleveland-Cliffs on Tuesday at prices between $8.45 and $8.50. Yesterday they exited at around $9 for a quick base hit. This play was another example of how we can profit from all types of trades, including …read more