chartsmaster
Long

Now The Real Fun Begins

NYSE:RAX   RACKSPACE HOSTING INC
21 1 1
For a month I have been recommending RAX (starting just above23) I have stressed the likelihood of a deal and called to add to positions on pullbacks along the way. The bidding has probably been going on behind the scene and should now be entering the public arena. I expect the following: If only a private equity buyer 35 (least likely) if one corporate buyer 40 (probable) if multiple corporate suitors 45 (possible) Enjoy the ride.
Great ChartsMaster...I have been following your chart ideas few weeks...thank you for sharing, keep going, awesome job =)
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