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The Men's Wearhouse, Inc. Message Board

  • zacklabster zacklabster Feb 28, 2014 3:34 PM Flag

    OK I'm out

    My post from October:
    *********************
    As posted here previously, I've been long since $28, but I think it prudent to lock in some of this nice gain. So, I took half off my position throughout the day yesterday, averaging about $45.75. I think JOSB will ultimately raise their offer, but nothing is certain - and no one ever died taking profits. :) I'll keep a tight leash on the rest, in case that doesn't materialize.

    Let's see if we can milk some more out of this. GLTA.
    **********************

    Today:
    With all the back and forth with JOSB apparently leading to MW being the acquirer, I took advantage of today's pop, and sold the other half at an average of $53.97. Had to lock in that gain, which was much more than I expected, frankly. Overall, I'm happy. Still holding my pos. in JOSB.

    GLTA

 
MW
62.62-1.59(-2.48%)Jul 2 4:01 PMEDT