djane, with all due respect, its not gonna work this time ... the ASND share price will not dance around with 100% accuracy as if its coupled with your in-out trading. Last time you sold early, the rumor of SRA took it down with it to $44; but not this time -- there are too many positives with ASND to take it down at this time. The bulls which missed out last time at $44, have a great regret that why they didn't get in at such a attractive price, and those memories are still lingering in their minds. I doubt it very much that it will go any lower now than this, because there is a greater probability of it going to $64 than to $45 ... and R/R ratio is much more favorable at this juncture for the longs. Besides, no-one is expected to hit it right 100% of the time, so due to some respect for the laws of probability in the gut :-), I'm inclined to say that your short-term instincts are overwhelming you to make this trade ... would eventually allow you to readily join the queue of regretting-asnd-bulls! :-)
In this economy, sector, and over-demand scenario for techy skills,
merger/acquisitions are beginning to be treated with a new-paradigm-
respect ... giving a blanket-treatment to any merger is like not
observing the dynamics of the play with a microscope, imho! :-)
take it easy and cool regards,
-/Sonny. |
