The ACD Method

Quote from Maverick74:

Confirmed weekly A up. Maybe re-test the A up at 2.40. I think there are a lot of shorts in trouble. Markets usually don't let them out at low prices. We'll see.
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Yeah, I'm looking for that 2.40 level.

Also, back with LULU. Stop 73.56
 
Quote from Maverick74:

We use to have a saying in the office after a good trade, "it's not me, it's ACD!"

I'll get that one on my mug. :)
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Guess mine should say, "oops, missed natty"
 
I have a stupid question. AVP Avon is trading at 21 with an offer on the table for 24.75, ok so mgt says no deal in essence because they think its worth more, then why is the stock not trading for 26. Same example for yhoo way back when. doesn't this violate the law of one price?
 
Quote from kinggyppo:

I have a stupid question. AVP Avon is trading at 21 with an offer on the table for 24.75, ok so mgt says no deal in essence because they think its worth more, then why is the stock not trading for 26. Same example for yhoo way back when. doesn't this violate the law of one price?
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What do you expect management to say? LOL. People have talked about buying out RIMM for awhile. They think their stock is worth a lot more then the current price too. If CEO's could drive their stock higher simply by broadcasting to the whole world that they are worth more, then everyone would do that right?
 
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