NMX and NYX are in reported merger talks and the stock is popping on the action. I have repeatedly said on this blog to buy NMX down at its lows and it has continually proven to be a good buy. I'd sell a little bit on this move for a quick profit considering the volatile market we're in. Please, however, do not sell the entire lot as it does have potential to move higher from here.
It is (was yesterday) time (today) to take profits in the short position I recommended in SIRF. The stock has come down a full buck from where I recommended it to what looks like support.
That's all for now. I'll be back in a bit.
CM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment