10:12 ET JCOM: Hearing that takeover rumors circulating trading floors 23.83 +1.36: Keep in mind that this name has a very large short-interest, so possible that this rumor is being circulated in attempt to create short-squeeze. Nevertheless, we're hearing that the rumor is on trading floors.
Perhaps, the JCOM breach of 21.05 is an indication of things to come. Today is the MM's gift to get out of JCOM while the getting is good. If your predicted slide to COMPX 1966 - 1982 takes place, JCOM may test 18 as we discussed a while ago. Putting my money where my mouth is, I shorted this pop. TA says this pop was expected; I won't worry until JCOM runs above 25.
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