shorts are exhausted as shown by no downside volume
ripe for buyout
todays pullback was very mild after yesterdays run. Usually takes 2 to 3 attempts to break a resistance area around 100
With all the shootings going on it's just going to get more people to buy guns for protection.
Cabella's will draw lots of buyout interest now!
Actually its a really easy sale! Credit card operation will be broken off and sold to a big bank for nearly 53 to 55 alone. The retail operation will likely be kept by the private equity that buys it and expanded from 75 stores to 225 and then brought public again years down the road or sold to a Bass Pro shop. Should see a deal materialize very soon.