This post was just published on ZYX Buy Change Alert.
P is an internet music service. Rumors of a buyout are heating up again. Such rumors have been ever-present for a long time.
We cannot comment on the rumors but do know there is 24% short interest potentially leading to a short squeeze. This is suitable only for aggressive investors as the risk of loss is high.
This is a short-term trade, not an investment. Consider accumulating up to 35% in the zone of $11 to $12.76. Target zone is $16 to $18. Mental stop is under $10.68. It is trading at $12.51 as of this writing and is very volatile.
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