Aaahhhhhh!!!!!

Quote from JamesJ:

just went short on this one, 56.95, stop now 56.9

edit: stop now 56
edit: took profit on half 54.80

Nice trade! :)

Can any vets here give any advice if someone was short this stock before the pop? I wasn't short... but I've never ran into this situation before and want to be well prepared.

Thanks,
Jonathan
 
Im not the inventor of the theory and no theory is perfect. If you really believe in a perfect theory, then you shouldnt be running money *at all*.

Quote from asap:

i guess your cup and handle theory didnt pay out here, eh?
 
Quote from JamesJ:

just went short on this one, 56.95, stop now 56.9

edit: stop now 56
edit: took profit on half 54.80


im showing a high of 55.71 on my streamer...
 
why are these takeovers so big, i dont understand why ANYONE would waist their time buying a newspaper distributor...
 
Quote from JamesJ:

short covered, long@54.84 (maybe big money coming in for the 5 bucks up to 60$ offer)
tight stop @ 54.49



how many times have you traded this today?


sitting at 54.94 now. .10 profit.
 
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