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kookiekook

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kookiekook

Re: stock_risk post# 1871

Thursday, 02/13/2014 11:33:41 AM

Thursday, February 13, 2014 11:33:41 AM

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Stock risk - It is always difficult to predict what the value of a stock will be after a binary event. In this case it might even be more difficult. If the announcement is made before the market opens or during trading hours, you will see greater volatility than if is announced after trading is closed particularly with Monday being a trading Holiday.

But since you seem to want a number, conservatively it will be trading in $6.80 if approved and $3.60 if denied. About a 31% swing either way. I will not predict which I anticipate.

Sometimes the stock market seems like sailing a wooden ship into a sea of burning oil.

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