merger of equals never work, this company has done nothing thru boom times, how are they going to make it in bad times. Answer is, they won't. A cross atlantic merger of equals.....give me a break. My target is $6 within 9-12 months.
It doesn't seem as though X-Rite will follow suit with regard to merging companies of same size. 6 months after merger Stock has risen $3. Seems to me that the merger is having great affects. World class engineering teams are releasing new products which will have positive return effects. Go get-em X-Rite.
I'm new to this stock, just doing some researching for my next stock to buy. StockTA.com has this rated as a "buy" across all factors; Volume has not been this high since October 19; the 10-day Relative Strength Index is over 80; and the money flow and on-balance volume are both very positive. It's trading above both the 50-day and the 30-week SMA - this all adds up to a winner. It only has the April-May '06 resistance level to break through which is about $0.75 away. What am I not seeing/hearing?