Friday, February 16, 2007

Wednesday, February 14, 2007

Charts on A Few Recent Buyouts

Placer Sierra Bank Chart

Molecular Devices Chart

Broadwing Chart

Buyout May Still Be In The Works On Alcoa - AA

The tape (time and sales) shows someone Buying A lot of stock in here today!
We are hoping that the buyout of Alcoa - AA (if it happens like we think it will between $43 - $45) could look like the recent buyout of Molecular Devices.
See Chart on MDCC

Tuesday, February 13, 2007

A 92,600 Block BUY Trade On AA At $35.00 At The Close!

The potential for a bidding war for Alcoa may heat up the shares as we follow a report from the Times of London that diversified miners BHP Billiton (BHP) and Rio Tinto (RTP) are interested in Alcoa and each are said to be considering offering to acquire the aluminum producer for $40 billion or around $45 per share takeover bid!

Tape Action:
Another 50,000 block trade at $35.00
Another 125,000 block trade at $35.09

Buyout Rumors Surface On Alcoa - AA

Alcoa stock is rumored to be valued at between $40 - $43 per share.
The shorts will feel a lot of pain when AA stock hits $37 - $38!
The continuous huge buy orders tells us that the rumored buyout may be real.
A serious Short Squeeze looks imminent.

Monday, February 12, 2007

One 18,000 Block Buy Order On AAPL Seen On The Tape

A Huge 18,000 block order on Apple stock at $85.00 sets off more short covering on AAPL. We hope the stock will continue to climb throughout the week.
Citigroup upgraded the stock earlier today with a BUY rating and target of $105.