We locked in the 8% gain here. IGT is immediate-term TRADE overbought, within a bullish TREND. It’s more of a market (beta) call in selling this than anything fundamental from Hedgeye’s Todd Jordan. For the record: Jordan is batting 87% all-time (long and short) in IGT. He's made 23 calls on the stock in the last 5 years. Impressive? We’ll let you be the judge.
Takeaway: We sold International Game Technology (IGT) at 10:17 AM at $17.59.