This post was just published on ZYX Buy Change Alert.
P is long from $12.31. It is trading at $13.75 as of this writing.
There is a report that SIRI is the top contender to buy P.
P is an internet music service.
This continues to be suitable only for aggressive investors as the risk of loss is high.
This is a short-term trade, not an investment. Maximum recommended quantity is 35%. The new buy zone is $11.50 to $13.61, preferably below $12.81. Target zone remains $16 to $18. Mental stop is under $10.68.
What To Do Now
Those in the stock may continue to hold.
Those not in the stock and are aggressive may consider scaling in on any pull back from here.
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