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.
Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.865-0.2%10:31 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ~digs who wrote (2845)9/10/2011 12:57:45 PM
From: richardred  Read Replies (2) of 7242
 
Hey Dave: Good to hear from you. I almost always like to hear any input technically or fundamentally/positive or negative. I do look at charts in bringing some weight on some purchases. I didn't in AVON case , but actually did in the consideration of the re-entry ACET purchase, with mainly fundamental overtones. I was trying to catch a bottom, or falling knife, as some would say.(G) In my observation ACET. The timely fundamental news coming in after the reported earnings.

Being one who has a great interest in takeovers. I almost always look for unusual volume and trading activity in stocks I watch and own. In Barron's, when they had it (long gone I think). I at that time, use to like the Block trade listing pages. They listed block trades of over 10,000 shares on stock over 5 dollars, I believe. To this day. I Still like looking at big block trades on my watched stocks. I'm Looking for big blocks on up-ticks.

FWIW-My brief reasoning in adding to AVON is more from a value stand point. This into relation where I first bought in. The Yield is attractive. This in relation to me leaving cash parked in a money fund. Of coarse current market conditions are negative, and my timing off from a technical standpoint as a timely investment. I still like the speculative appeal here. Direct sales in the US might not be attractive, but their Latin American Market is growing quite nicely. I still think a L'Oreal or P& G would be interested for that reason mainly. There is a dark shadow on the stock with regards to the Bribery Scandal in China. China is now only a small part of current sales , but is to big to be ignored for future revenue growth. The outlook is uncertain for now , but could have a negative impact on any negative developments.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext