Just a few days ago I was setting up trades in Caterpillar Stock.
Today Caterpillar Stock is down big on news that Law Enforcement officials have a search warrant and are searching Caterpillar offices in Peoria, Illinois. The local newspaper, Peoria Journal Star reported that some officials were wearing IRS logo on their jackets.
This creates a highly speculative trade opportunity for those investors willing to hold shares. It id definitely not for everyone and is high risk until further details of the Law Enforcement action are released.
This article discusses some trade ideas and trades done as the stock falls with the news of an official Law Enforcement probe.
This Caterpillar Stock (CAT) trade article is for FullyInformed members.
Caterpillar Stock (CAT) Trade Alert In Law Enforcement Probe Decline – Mar 2 2017