GREY:CDKNF - Post by User
Comment by
Shylockon Sep 21, 2014 6:25pm
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Post# 22956830
RE:"Perfect Storm" for hostile Bid?
RE:"Perfect Storm" for hostile Bid?I believe that the share prices of AEM and CYD next week will be determined by the general POG action. I further believe we are in for a bit more downside. Then there will be a bottom and a rise to around $1,350, which will drag both AEM and CYD up. I would not sell CYD now, that is for sure. This whole thing could change on a dime. I have been in similar situations where I jumped out only to see that out of which I jumped go straight the other way - UP. As Art Cashin repeatedly intones, be careful, but be very, very nimble!