This post was just published on ZYX Buy Change Alert.
MJN is long from $66.26. It is trading at $83 as of this writing. 25% of the full core position size is being held.
DANOY is long from $12.51. It is trading at $12.51 as of this writing. 10% of the full core positions size is being held.
This morning there are rumors that MJN has become a target of DANOY. MJN stock is jumping about $7.50 on the rumors.
What To Do Now?
Those in MJN stock may take advantage of the strength and take profits on a 5% tranche right here around $83. Consider continuing to hold the remaining 20%.
Those not in MJN stock may wait for a signal on the Real Time Feed.
Those in DANOY may consider continuing to hold.
Those not in DANOY may wait for a signal on the Real Time Feed.
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