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  • stockplaza555 stockplaza555 Dec 18, 2012 7:04 PM Flag

    If Deal is held up stock will drop to around $27-$28

    As said, I accumulated 32.50 calls just in case ...!
    Looks like somebody is expecting a counter offer of sort?
    But if the deal falls through without a counter, the price could drop to $25 ...
    Risk is higher than reward. Better to sell stock and buy some calls if you expect a higher offer