This post was published on ZYX Buy Change Alert.
WGL is a natural gas company. There are rumors that it is looking to combine with Canada’s AltaGas. A combination can potentially mean $80 to $90 for WGL. If there is a bidding war, the stock can approach $100. On the flip side, if there is no deal, the stock can fall into the mid $70s. It is a worthwhile speculation for aggressive investors to accumulate up to 25% in the zone of $76 to $80.50. The stock is at $79.75 as of this writing but volatile. Your price may be different by the time this post reaches you. Stop zone under $73.
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