bossmodetrader

AHC - A H Belo, Buyout candidat

Long
NYSE:AHC   None
Seems like a perfect candidate for a buy out. Nothing excites me about it but the breakout and re-test of the diagonal resistance line. Will it bounce? Possibly. It is a Texas news company and with recent inflow of population it should either find a way to re-invented itself into a digital news company or will be bought out by a billionaire that will write stories about himself. Purely a gamble idea and definitely not a buy recommendation.

PS: it pays 9% dividend :)

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