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WildBanshee

06/26/20 8:14 PM

#12149 RE: tedgoeseast #12148

I doubt it...
Maybe with the news in August but that’s a month away plus not to mention the government is always late in announcing bids
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LETSWIN2020

06/26/20 8:20 PM

#12152 RE: tedgoeseast #12148

Shorts will say no , those who sold early will say no and longs will say yes 0.05 easy . Check on peoples hostory to see if they are short or long .. Let the market decide is better option . Imo the MM's have accumulated to move this to 0.1 level
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humbleacolyte

06/26/20 8:54 PM

#12163 RE: tedgoeseast #12148

I'd be surprised it if even hit .05 next week. Don't get me wrong, I hope it does, I hope it even hits the .04 territory, but, everyone knows news is dropping Monday about the merger....and with the old adage, 'buy on rumor, sell on news'...I would imagine that there will be a metric crap tonne of selling come Monday, with the news, or especially without (more so if it's not optimal news). I am HOPING that the expected news will cap .04 and maybe a tad above before it sinks, but the unloading on Monday will make today look like a little kids roller coaster at a birthday party, of course, IMHO.