StockKid
Long

BUYOUT - BUY

NYSE:ARNC   ARCONIC INC
Wall Street Rumor is buyout could be announced soon!

ARNC is rumored to be in last minute negotiations for a buyout.

Once this rumor really starts circulating the street, and the stock moves up closer to its 52-week high, it could force the buyout number to become even higher.

Looking at the 52-Week High of around $31.00, we do not see the company being purchased for much less than $31

Aluminum is HOT right now and will be into the future especially with Tariffs on China

If a China deal is announced, the deal should only help ARNC in the event the company is not purchased

EARNINGS ARE GREAT

Daily and Weekly Charts look BULLISH

POSITION: 150,000

PRICE: $20.52
Comment: NEWS

Private equity company would buy Arconic for more than $11 billion, according to the report.
Comment: We see the buyout number between $28 and $30 per share.

A deal valued at more than $11 BILLION should put the stock price at an easy $28

With the validated news and rumor now out, the stock should not be trading lower than $28
We see the buyout number between $28 and $30 per share.

A deal valued at more than $11 BILLION should put the stock price at an easy $28

With the validated news and rumor now out, the stock should not be trading lower than $28

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NEWS

Private equity company would buy Arconic for more than $11 billion, according to the report.
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