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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (2845)	9/10/2011 12:57:45 PM
From: richardred	Read Replies (2) \| Respond to 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.