RE:RE:RE:RE:RE:Was having fun trading this untill...Probably wishful thinking on your part but I'm not completely counting it out.
However, when is the last time that a stock which had take over speculation surrounding it, gained 20%+ for three straight days, and then the deal was announced?
I'm very skeptical of a deal being done in the short term.
Ubervak wrote:
Mayhaps strange trading before a take out offer?? Seems someone triggered a bunch of stops and cleaned up on the cheap. Considering the assets and DIV cut already was priced in, seems odd today's price action. Seen this a handful of times, weakness before an offer. Wishful thinking and over thinking I know. GLTA - Uber