It's come back down to the 807 range and bounced three times now over the past week. Looks like it's setting up for some nice gains by the end of the week. $825 target.
yeah pretty strong action so long as it doesn't mimic last Tuesday with that 819 pop-and-drop. I'm holding a bet that's looking for 830 by EOW
The past two days have shown such strength that I'd anticipate it will eventually lead to a sizable and dramatic run in the short term. It's safe to assume that there are now many people in the mix who are holding for a buyout.
The press has been pretty positive about this change over the weekend. Wouldn't be surprised to see some huge gains again on Monday and Tuesday. Whole new ball game now.
GIven the rise to 4.92 today, I'd've expected this news to put us firmly over 5 in AH. Only being up $0.12 at the moment is a bit pitiful. They need to name someone new asap instead of having two co-ceos who have many many other things going on.
The trading is a bit suspect here. Will watch closely the next few days and look to re-enter, hopefully at a much lower price just before earnings on Wednesday. Have definitely been wrong before!
While I wish you luck on ZNGA, I'm not convinced you are right to get out of GRPN at the moment. WHat mobile numbers are you speaking of? LivingSocial posting a loss could mean many things (and their Goods business is almost zilch). And what possible other reasons could you have that you couldn't share? Have you not been following the huge uptick in Goods sales with GRPN?
Either way, I wish you well with ZNGA.