for those who have gains in other stocks and a loss on rad this maybe the time to sell rather than wait to get a profit next year or breakeven
at the time and still 9 was fair the only thing is i cant figure for the life of me why anyone is buying or selling this,bearing in mind that this looks like a near full year to close
its dream that wmt will come in here,first the cost tpo break this deal are high enough that only an irrational bid would be able to change this.Walmart if nothing else is perhaps the most rational co out there.
i wonder if thats why the pullback,fear susan may say something wrong
the 52 week high was 48.50.i too doubt the stock doesnt give up some gains this afternoon.theres not enough reason for this run up to hold ..for now
the one thing we know is for now 9 is the high,its unlikely to trade lower than say 7.50,it also is unlikely to go much over 8 as that would get sellers into the mkt saying thaat the limited upside is not worth the wait for closing,in otherwords its a dead stock
its possible it could failbut i think it does,imagine buying it under 9 and over 8, im thinking if it goes over8 at all to bail take a needed loss,and perhaps buy on a dip under 8 which will happen,even if the deal is going to happen.
limp history is on steves side as to aa pullback post earnings and any move derived from that,its been driving me crazy since the hlth merger,the ceiling for the forseeable would be the 48 that the tender was made for,this stock is the only stock i own that i cant figure out how i feel about it.argggg!
fwiw sbux will trade over 65 sometime after thanksgiving,the month of nov will be simple consalidating summer and fall gains,way too much over 60 option activity especially near 65,once nov options are crushed its off to the races in dec
thanks limp and lucid,this report was really good,whats pleasantly confusing me why the stock price spiked,while really good i didnt see anything to get this kind of jump...il take it though,i haate the comment on visibility especially after he talked bout how well things were going sales wise
it will not trade that high,the reason is that if it gets that high there will be some selling as theres no reason to hold
big runup this summer and way too much bullish options activity,this snt going over 65 til after tgiving,shake out needed here badley
i cant see a reason to wait several mos to get the payout,i bought at 8.50,the loss may be more valuable to me than waiting.for the last buck