TAKING PARTIAL PROFITS ON PAN AMERICAN SILVER (PAAS)
September 22, 2011
Taking profits on Pan American Silver (PAAS) at $30.34.
Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
Taking profits on Pan American Silver (PAAS) at $30.34.
Taken profits on a 5% tranche of GLD at $168.62.
Adobe (ADBE ) reports earnings of $0.55 compared to consensus of $0.54. Adobe reports revenues of $1.01 billion vs consensus of $1.3 billion. Adobe projects revenues of $1.08 – $1.13 billion. We will continue to hold our position in Adobe. Adobe continues to be an attractive take over candidate. We will closely watch this position on the ZYX Buy Change Alert.
Changed GLD limit order to $172.98 and now have exited a 5% tranche with profit.
Tyco International (TYC ) is splitting into three companies: ADT North America Residential; Flow Control; and Commercial Fire and Security. The company said, ‘œAll three companies will have industry-leading positions in large and fragmented industries and enhanced capabilities to serve their distinct customers ……….Importantly, the new standalone companies will have greater flexibility to pursue their own focused strategies for growth ‘” both organic and through acquisitions ‘” than they would under Tyco’s current corporate structure. This will allow all three companies to create significant value for shareholders.’ Our research shows that the break up value of Tyco
Entering a limit order at $171.52 on a 5% tranche of GLD to take partial profits.
There are lots of rumors floating around that United Technologies (UTX) is looking to make a major acquisition. The potential targets are Tyco (TYC), Goodrich (GR), Honeywell (HON) and Rockwell Collins (COL). In our opinion, Honeywell and Tyco are the least likely targets, Goodrich is the best target. Since all of these stocks have run up, the risk of buying them here is very high. a better way to make money will be to short sell the stocks that are not bought out for a short-term trade. We will provide a signal on the Real Time Feed of the
Our proprietary algorithms continue to show that smart money is selling Research In Motion (RIMM) on all up moves. Please earlier posts for more details.