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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1357)6/16/2010 12:48:34 PM
From: Jibacoa  Respond to of 1404
 
SMTS is still up 31.38% after the news, but some attorneys may want to get a piece of the pie.<g>

bigcharts.marketwatch.com

COV and SMTS announced early today that they have signed a merger agreement under which COV will acquire all the shares of SMTS at $25/shr in cash, for a total of $250M. <g>

But Holzer Holzer & Fistel, LLC and Levi & Korsinsky, LLC are already looking into the matter.<g>

Bernard



To: Jibacoa who wrote (1357)7/2/2010 5:55:17 PM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
Like most Chineese stocks, FUQI has continued to be clobbered.<g>

But today it was able to make an intraday reversal.<g>

There were some upticks in the early afternoon from 12:30pm until 1:00pm

bigcharts.marketwatch.com

The stock was up 1.94% during the regular session and is still doing OK AHs.

The EE for 2010 are still around $2.06 and although the EE for 2011 are down to $1.57 the R/R doesn't seems bad from a fundamental basis.
However, it still seems prudent to wait for further developments and for the stock to get off its DT..
The best way to buy stocks is on the way up.
And it is always good to keep a mental or actual trailing stop loss..
<g>

bigcharts.marketwatch.com

Bernard