Intel to buy driverless technology firm Mobileye for $15.3 billion

[Michael J. Fletcher]

Kind of a huge deal, what do you people think about it? In particular, I am interested in your opinions on MBLY.
http://www.cnbc.com/2017/03/13/inte...llion-to-15-billion-israeli-media-report.html

 

[felixbocharov]

Kind of a huge deal, what do you people think about it? In particular, I am interested in your opinions on MBLY.
http://www.cnbc.com/2017/03/13/inte...llion-to-15-billion-israeli-media-report.html

Well, MBLY is clearly overbought right now. I would advise against buying it.

 

[JackRab]

Hmm... deal will go through, so there's the standard 5% discount still available... meh

 

[Cuddles]

Well, MBLY is clearly overbought right now. I would advise against buying it.

didn't think it was trading. Any other players on this industry?

 

[d08]

didn't think it was trading. Any other players on this industry?

MBLY was and is trading, it was halted only in premarket. This is a sign of a market top, tens of billions thrown around with ease.