Please stop this crap about buyouts.
I tell you what..............If there is a serious offer to buy OO out at 19.00, here's what I will do........................
I SELL MY OPTIONS FOR LOTS OF MONEY, HA! HA ! HA!
Seriously, though. Didn't I warn not less than 10 posts ago against listnening to rumors, they are bound to come out. Most likely reason for run up is..........
More buyers that sellers <G>.
By the way, if there is still someone on this board who doubts TA, take a look at where OO closed today. Exactly at the closing low of the bottom of that gap (13 5/8).
Make no mistake, this will be tough resistance, don't be surprised if it takes a while to settle and re-group before it makes a run on that price. But we will know in the next few days if that will happen, or if it will bust right through those price levels.
PICTURE PAINTING ***WARNING****
Most likely, someone is now sure that OO's earnings will be good, or someone is getting ready to issue a recommendation, and they pulled the trigger to get in.
REMEMBER< JUST PICTURE PAINTING ***WARNING**** DO NOT TRADE ON THIS!!!!!!
BCL |