chartsmaster
Long

Trying To Steal RAX

NYSE:RAX   RACKSPACE HOSTING INC
9 0 0
Last week I recommended going long RAX when it was below 24. The news of a private equity sale is what I was looking for. BUY aggressively below 30! They always pay less than a corporate buyer. Remeber Michael Dell? This will go for a minimum of 35. Probably more if a corporate buyer comes in!
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