Action to Take: Sell Shares of Insteel Industries For 44% Gain
We hit our stop-loss in Insteel Industries (NYSE: IIIN) at the close Friday, so we’ll follow our risk management and exit the position. Action to take: Sell your shares of Insteel Industries (NYSE: IIIN) at the market. Last week, I recommended changing our stop-loss on 12 of our “core” positions, including IIIN … as a result, we’ll lock in a 44% gain by being disciplined and following our stop-loss guidance. Congratulations on those gains!
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