A weekly review of stock market, bond market, gold, silver, oil and geo-political events that matter to the markets.… Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
One of the rationales behind buying DG is high probability of an eventual merger between DG and FDO. DG stock fell when Icahn stated that merger has now become more difficult. This was started out as a short term trade but since then the situation has changed. Now this trade should be considered medium term but quantity should be reduced. Previously the call was to accumulate up to 35% of full core position size, the quantity should be decrease to 15% by selling on bounces in the zone of $55.00 – 58.45.… Please click here or the title below to read more.