Would you take 1.5% over the next 2-4 months when there is a better than 50/50 chance of 10% or even 25%? If you Buy RAX today under 31.50 those are your probabilities. 32 for the Appollo deal, 1.5%, a bump to 35, 10% or a corporate buyer @40, 25%. Volume picking up today, should be news by the end of the week one way or another. Buy under 31.50!
Put in day orders to buy @20 for today. Notice how TWTR has been trading lately. Every morning the stock pops early as there seems to be an aggressive institutional buyer who has a desire to add to his position. Then the stock corrects only to move higher again. The trading action is positive and chart looks beautiful. Buy.
I can't stress enough that WFM is a Broken Stock and should be sold. I sold this morning after posting on this site that I was wrong about it. I couldn't remember when I last bought my position and at what price so I went back and checked my records. I have been trading this for months and actually made money on most of my trades buying in the low 30's and selling...
My track record has been pretty good but I have been WRONG about WFM. My TWTR & RAX calls have been right on. Sell WFM and put that money into TWTR.
Since my first posting on this site recommending TWTR below 16 after the earnings miss, I have never doubted that TWTR was going higher! The question has been how high and when? I don't have a timeline but believe the chart says at least 30 over the weeks and months ahead. If and it is a big if, someone makes a bid for them then 50 is a possibility? Buy. (the...
I have been patiently waiting for the upside breakout in WFM! I believe the chart is saying this should be the last day under 31. Buy.
Everyone should be long TWTR by now.(What are you waiting for?) Today could mark last day under 20. Buy.
I would like to see WFM trade above 31.50 and close between 31.50 & 32 today. If it does, next week should see the run we have been waiting for!
Yesterday I predicted the pullback in TWTR was ending and it was time to buy. Today TWTR has broken out to the upside. Buy all intraday pullbacks. Today was probably last day under 19. If it trades below 19 back up the truck.
It has been very frustrating how long it is taking to get a breakout in WFM. The chart says tomorrow so if you haven't bought yet or are looking to buy more of a stock that seems to ignore what the market is doing add to your long position.Buy WFM.
Earlier this month I recommended buying the FXC ETF to hedge against the long term decline of the dollar using the Canadian dollar. It immediately rallied and now is just above the recommended entry point from that call. Today add to your FXC positions as the recent US dollar rally is just about finished. This is a long term recommendation but traders can trade...
The US Stock Market is about to complete a top that will mark the end of this bull market. At today's close the internal top will be complete. Should hedge or lighten up long positions. Next Friday Sept 9th should mark the external top. Have some short positions in place at the end of next week for the likely sharp drop over the next two months.
The chart says the recent corrective action in TWTR is about to end. Get long Twitter for the next upleg which should reach 24 minimum.
OCX is back around the 4 area where I previously recommended it. I believe this is a good low risk entry point. I don't know what the catalyst will be but like the chart, Buy.
I have recommended RAX for over a month and pretty much called this whole buyout episode. Anyone looking to take a low risk, decent possible reward trade should consider buying RAX here under 31.65. The 32 bid by Apollo is solid so I don't see much downside risk. The only way the deal fails is if there is a higher bid from someone else. Even if no other bidders...
My recommendations are usually fairly low risk stock long recommendations. For those inclined to occasionally speculate in a high risk/potential high reward day trade, I recommend Buying right now before the 10AM speech by Janet Yellen the Proshares Ultra VIX short term ETF. (UVXY) just above 20. See if we get a selloff after the speech?
This is the lowball offer I warned about in the past. The management is in bed with the p/e guys (much like Michael Dell when he went private) HOLD on to your long positions. There is a significant (10%) activist shareholder. I will be interested to see what their take is? I still think one or more corporate buyers could emerge. If your in at 23 or 27 or 28 you...
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...