TAKE PROFITS ON AT&T AND EXIT THE POSITION $T $TWX

TAKE PROFITS ON AT&T AND EXIT THE POSITION $T $TWXThis post was just published on ZYX Buy Change Alert.

The court has ruled in favor of AT&T (T ) in its buyout of Time Warner (TWX).  T stock was initially running as high as $34.90 in the after market but has since backed off.  There are concerns about the government appealing the decision even though the judge warned the government against seeking a stay.  There is also concern about what Trump will tweet.  Trump has been against this deal.  Trump does not have a good relationship with CNN.  CNN is owned by TWX.

Under the circumstances it is prudent to take profits and exit the position.

 

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