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Re: DewDiligence post# 682

Sunday, 10/29/2017 12:05:51 PM

Sunday, October 29, 2017 12:05:51 PM

Post# of 1162

BMY—Some bad writing from Bloomberg:

https://twitter.com/DewDiligence/status/924356573367029760




IMO, the stock dropped because of profit taking by investors disappointed that a buyout was not announced. Going way back, I have always felt Barron's seems to work with shorts...LOL

Anyone bidding for BMY already has a number in mind, and it would be a percentage premium over current levels. I always guessed about 80 but that was just taking the average percentage bump of mega mergers when the stock was at 59 prior to the last run BMY went on.

Went in for more options, even as low as 62.5... Very heavy AH trading on the Merc news. Selling in Merc overreaction.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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