Posted by mamaduck on 16th of Feb 2012 at 01:49 pm
Matt, MFN is being
bought out by Pan American Silver- for either
15.60 cash or part cash and part shares of PAAS. So to assess the
upside of this stock, you should look at the PAAS chart. In either
case, if the deal goes through, then you have a minimum upside
target of 15.60.
Yep thanks for the note! so take that off the list.
otherwise Saturn has posted some other nice individual
golds/silver stocks, and I hope some of you caught that nice GDX
bounce from my post in the morning taling about the ratio
GDX is more moving with the market instead of gold. When I
saw the inverse H&S on the SPX, I knew that it would pull GDX
up with it, vs gold pulling it up
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
MFN
Aem
Posted by mamaduck on 16th of Feb 2012 at 01:49 pm
Matt, MFN is being bought out by Pan American Silver- for either 15.60 cash or part cash and part shares of PAAS. So to assess the upside of this stock, you should look at the PAAS chart. In either case, if the deal goes through, then you have a minimum upside target of 15.60.
Yep thanks for the note!
Posted by matt on 16th of Feb 2012 at 02:20 pm
Yep thanks for the note! so take that off the list.
otherwise Saturn has posted some other nice individual golds/silver stocks, and I hope some of you caught that nice GDX bounce from my post in the morning taling about the ratio
GDX is more moving with the market instead of gold. When I saw the inverse H&S on the SPX, I knew that it would pull GDX up with it, vs gold pulling it up