Quote from Copernicus:
when was the last time anyone has gone to a blockbuster?
sac capital and now icahn taking big stakes, are they hoping for a real estate play?
i dont get it the dvd rental business is absolutely dead
*******
Used to work takeovers, in a smaller way;
lost about 10% in one day long airline stock[non leveraged ],
think Carl Ichan was in that also, didnt blame Ichan for loss.
Actually tried to buy some multi imonth calls on BBI this week ,
trends still look good, for educational purposes ,
,but at end of day thay looked exspensive compared to index calls, so havent bought any BBI calls yet.
Usually the company being acquired [HLYW] has better uptrends;
but my public info showed Ichan buying both BBI,HLYW.
Tradertt;
I leave the tick profits to the Bright Bros, & FuturesTrader71;
like weekly/monthly trends, like old Nabisco Group Holdongs had,
actually Carl Ichan likes monthly trends & longer.
With all thy getting get understanding.-
Solomon trader king, he traded like Thomas Kinkade painted