S/L: Take Profits on Sientra (SIEN)

August 31, 2018

The Insider Report

Sell Alert

On May 21st we issued a buy recommendation for Sientra Inc. (SIEN).

The stock has advanced steadily over the last 3 months, and shares are now up over 52%.

We recommend selling half your position here to lock in a nice profit.

Action to Take:  Sell half the shares of Sientra Inc. (SIEN) stock at the market.

The call options have performed even better.

We already issued a sell alert for half of the SIEN Oct18 $20 calls (.SIEN181019C20) back in June for a 115% gain.

We recommend selling all but 1 of the remaining call options here to book an additional 287% profit.

Action to Take: Sell all but 1 of the remaining SIEN Oct18 $20 calls (.SIEN181019C20). Use a sell limit order near the middle of the bid/ask spread.

If you have questions, feel free to shoot me an email: support@hubertsenters.com.

All the Best,

Ross Givens

Editor, The Insider Report