minor blip on the dowside...not to worry!
July should be a good ride up for GLD - according to a select forecasters like Wall St. Window commentator.
I'll believe it when GLD goes over 130.
Buyer wants a low-ball price, while IGT management wants a higher offer.
That's probably the big hangup;
no company wants to bet big bucks like 21-22; just 17-18 IMO.
IGT will look like fools if offer pulled off the table because asking price not met.
Give it to 7/31/14 for the saga to end.
In the meantime, if you're short, you pay for the wait time in interest charges.
If you were long more than 5 years ago, you bought when price was 25-40.
Can't win them all.
profit-taking; at one time CTL traded over 40; swooned to 29-31;
not surprised if trading range is 32-37 for many months until consistent earnings resulted; no dividend cut.
Wild card is market pullback brings majority of all stocks lower.
timing is everything; many recommended SLV over 40 in 2011 and in the red or sold.
nibble SLV at these low prices 19-21 for move to 23-25 by 12/31/14?
52-week low for SLV should not go lower IMO.
OMEX stock price has steady upmove lately since lows several weeks ago and no news;
A positive if stock price can stay over 1.70;
bet is positive news to please the longs;
shorts betting nil for the search results.
While many want to see OMEX stock price shoot to the moon 5 to 10; over 2 good enough percentage wise.
OMEX still can go either way...up or down.
Can't always depend on charts 100 percent of the time.
This is news event driven...can spike up or down.
For now sideways pattern tight trading range with bias to the upside.
Everybody has different interpretation of rear-view mirror chart analysis.
Just my 2 cents.
The buyers came in early during the spinoff and at lower cost in the high 30s;
now it is sit back and wait for a double, decent dividend to boot, too.
No need to speculate (go short ABBV);
next target is outcome for SHPG (either ABBV or some other company) - no brainer
BGFV stock is in the doghouse like DKS cause of lower earnings.
Barron's got it right a couple years ago at 6 to 24 and told it was the peak; now good time to buy at 52-week lows; but will take time for it to go back 18-22 (such as in 2015).
Otherwise; BGFV like one investor/speculator stated is a good swing trade. Will be a challenge to get to 14 by 8/2014 with a market correction in the works.
Shire wants maximum bucks from ABBV.
Would be of interest if AGN entered the picture and up the anti.
Shire to take the best highest offer or side with AGN if their offer is lower?
I would guess max offer is in the range of 250-280; time factor for completion results in share price about 8 percent less.
This should come to a conclusion before 8/31/14 IMO.
Reuters indicated GTECH's offer is all cash offer.
Take your pick whether Bloomberg or Reuters is the accurate source.
If inversion results, there is a 15 percent withholding tax on British stocks.
Not sure if same for Irish companies.
in hindsight, should have dollar-cost average at lower price.
Would have made a profit.
Now, issue is how much higher will IMMR go or does stock reverse back to range 12-14.
Longer term, this small cap should be on someone's list to purchase.
As the saying goes in the song, "nothing from nothing, leaves nothing" (lol).
Hope, prayer to God won't get CANN back to 50, 40, 30, 20, 10.
Many call these "pump and dump" - any truth to it?
Z appears to be one of the last great momentum plays.
Defies logic...buy high, goes higher...until one day the music stops.
Could go 150 to 200...then all of a sudden down to 25.
Follow LL for a history lesson to be repeated.
TRLA was a good swing trade 29 to 38; got overextended and shot up to 48.
But noticed since 48, it came down to 40-41.
With market pullback and earnings around the corner, TRLA could return to low 30s.
If you want action, chase Z could go from 130 to 150-175 but one day go 1/2 the price.
At one time I owned VOD - a UK stock with a dividend.
At that time there was a 30% withholding; went down to 15%.
Maybe the rules have since changed.
IGT should open for trading 7/16/15 at least $2 higher 17.50 - 18.03 (from 15.50 prior close)
If IGT trades beyond 18.03, that is an interpretation another higher bid could result.
This is slim to remote.
Assume GTECH merger comes about; IGT will still trade under GTECH, but IGT holder gets a stub-stock, rest in cash. GTECH pays no dividend.