April 15, 2013

UPDATE ON SPRINT $S $DISH $PCS

SPRINT 4-15-13 BLOG

This post was just published on ZYX Short Change Alert.

Sprint has an existing deal to be acquired by SoftBank of Japan. SoftBank offered a very attractive deal for Sprint similar to what many investors are clamoring for Dell. Under the deal, SoftBank is to acquire a 70% stake in Sprint and the remaining will be publically traded. Investors like this structure because they are able to cash out a large portion of their holdings but at the same time are able to participate in future growth.

This morning, Dish Network started a Battle Royale for Sprint. Dish is offering $7 per share which includes $4.76 in cash and the rest in Dish stock.… Please click here or the title below to read more.

April 15, 2013

HOW LOW CAN GOLD AND SILVER GO? $GLD $SLV $GDX $GDXJ

gold 2

The plunge in gold and silver and massive outflows from popular ETFs like the SPDR Gold Trust, the iShares Silver Trust, as well as popular miner ETFs like the Market Vectors Gold Miners and Market Vectors Junior Gold Miners ETF have investors clamoring for the answer to a simple question, “How low can gold and silver go?”

There are four ways to look at it.

Traditional technical analysis

The weekly chart shows Fibonacci retracements as well as support levels.

Please click here for an updated annotated weekly chart.

Based on traditional technical analysis, the target zone is $1250 to $1425.

Similar analysis leads to a silver price target of $23.50 to $25.50.… Please click here or the title below to read more.

April 15, 2013