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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%Dec 19 9:30 AM EST
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To: lml who wrote (147114)6/15/2018 8:53:29 PM
From: SirWalterRalegh1 Recommendation

Recommended By
garrettjax

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Question is, what's the threshold for the Chinese gov't to issue formal approval? Resolution on one major tariff issue, or a broad cessation of tariff hostilities? The former could happen next week; the latter could take months.

I got lucky yesterday that I was on line after hours. When NXPI spiked I sold out. Remember "pigs get slaughtered". Bought back today at ~114 because the Chinese will lose any authority they might possess
if they throw a monkey wrench into the deal.

IMHO there is a 90+% chance of approval by 7/25. NXPI goes to close to deal price.

If there is no approval it is still a win if you own Q. NXPI will drop a few points.
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