I have done so many trades in Coca Cola Stock (KO) since the 1970’s I imagine by now they are well into the thousands. This is one great stock. Even in the worst of times like the giant bear it was stuck in during the 1970’s, it was still a great stock to be trading and that was at a time when everything was over the counter through what we called pink sheets. Commissions were ridiculous and you had to call a broker on the phone. But even then, profits made paying stunning commission rates worthwhile.
Coca Cola Stock (KO) Plunge
This morning before markets opened I discussed Coca Cola Stock (KO) and an outlook for trading in the stock. Coca Cola released their earnings before the open and their revenue and earnings beat estimates which was great news. The problem though is the company maintained its forward guidance for 2016 explaining that the outlook for soda or pop consumption remains volatile. Here in North America soda sales continue to decline.
Coca Cola Stock (KO) Chart for 2016
The reaction from investors is understandable. They are selling Coca Cola Stock (KO) which was up 14.3% yesterday (April 19) at the close, from the January sell-off lows. The chart below shows the excellent run up the stock has has this year. Selling Coca Cola Stock today is understandable for many investors who got into the stock earlier this year will still have some profits today.
Huge Profit Potential in Coca Cola Stock (KO)
I discussed before the markets opened today what I would be doing in Coca Cola Stock. I must say the profits are just terrific. What is even more interesting is how even those investors with very small portfolios could easily pick up 7% to 10% in a one month trade today through applying simple strategies to trades in Coca Cola Stock. I entered three different trades in the stock today…..the rest of this Coca Cola Stock trade strategy article is for members.
Coca Cola Stock – Trade Alert – April 20 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.