Jan,
I think ASND will be back in the low 30s at least one more time before moving up into the 40s to stay for a while. I think it will be next week, during a rebound in the dow.
Jack
Jan, Jack,
The above looks right to me also, I am not a trader, but sold 1/3 of my ASND today at $36. Also bought DEC today on the basis that the takeover offer from CPQ is one share of CPQ and $30 for each share of DEC, at this mornings prices this made the price of CPQ $5 cheaper than market(CPQ $26, DEC $51, my finial was alittle under $5 as the prices moved around), of course if the deal fails it might not look so good. EEU approved the deal in Europe, both parties say the deal is on track, not for everyone but I liked it.
Regards,
Ed |
