This post was just published on ZYX BuyChange Alert
AGP is long from $22.05. currently 55% of the full core position size is being held. Partial profits have been taken as high as $74.60.
The company has announced that it will be taken over by WLP for $92 in cash.
Congratulations to subscribers holding AGP for 311% gain.
What To Do Now?
The transaction is projected to close in the first quarter of 2013. As of this writing in the pre-market the stock is trading around $89 but has traded as high as $90.22.
Most subscribers may continue to hold and tender the shares to WLP.
The return from here is limited. Therefore those subscribers needing to raise cash may consider taking profits right here.
The stock will continue to be held in the ZYX model portfolio.
