Today, The Bowser Report issued a daily mover alert on Electromed (ELMD), which fell more than 10 percent for the day.
ELMD is up well over 100% for the past month, hitting a high of $5.20 in that period. Today, the stock sold off. The sell off appears to be profit taking.
Well over $3 per share, this is not a company to enter a position in. Instead, those with holdings should follow the Game Plan for when to sell. Hopefully, all subscribers with holdings have already hit their double and sold half their holdings. Those that have are dealing with profits waiting for the company to fall 25% from its most recent high before their next sale.
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