Post by
bridgetonowhere on Mar 19, 2013 2:40pm
Sell the News
Selling the news is usually done when the news is as good as things will get. It's at the top. Nothing good left in the pipeline. Is that actually the case here though? Have we seen the last of the good news? Hmmm...I sort of doubt it. It looks quite encouraging that there are more good holes to come. But some traders think they can outsmart this market by trading in-and-out on every news release. To that I say good luck because one of these news releases just may already be built into the market.
Comment by
mdrfan69 on Mar 19, 2013 3:54pm
This company will be bought out, long before the final drill hole is made. I see around $9.50 in the near future,so do the majors,the key is the total potential lbs. and when the first offer is made
Comment by
Tinmann on Mar 19, 2013 4:49pm
Either way we all win, so I hope you're right Nuke!
Comment by
NUCLEAR on Mar 19, 2013 5:28pm
I don't want to beat this topic to death but I'm not saying that a bid for FIS would not benefit AMW. Although a bid for AMW only means you're getting 50% of PLS while a bid for FIS gives you 50% of PLS, the Waterbury asset and shares in DML which is also a future takeover target....end of discussion (Thanks for the insight anyways)>