SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Loews Cineplex Entertainment (LCX) (was CPX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DAY TRADER who wrote (182)5/6/1998 11:42:00 PM
From: musicguy  Read Replies (1) of 295
 
well I have no clue how much the stock will go up... Under normal circumstances, I'd be reluctant to guess, but there is a general feeling that the price is being held in place (possibly by Sony pressures) until after the merger.. cant say if this is a fact, but that opinion is widely held..

I would NOT sell after earnings report...

I might take some profit and let free shares ride if it exploded, but I want to see what happens AFTER Sony / Universal muscle and brains are behind this new company... This is a cheap way in to what could turn out to be a verrrry large company...

What do I WANT to happen??
I want the share price to jump to $2.50 so I can take some small profit... and then end up with free or cheap post merger (post reverse split) shares in a stock trading @ 30.00......

what WILL happen? dunno.. thats the game ....

MG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext