ChristopherCarrollSmith

LMB a promising "January effect" play

Long
NASDAQ:LMB   Limbach Holdings, Inc.
Small- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020, LMB looks undervalued and poised for recovery in January. The stock has had 7 insider buys and only 1 insider sale in the last 3 months.
Comment:
So far so good-- up 10% today!!
Comment:
Another strong day in LMB as we gap fill up toward $4.00.
Trade closed manually:
I plan to sell this tomorrow.
Comment:
Total profit approximately 15%

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