Got one of those tonight on Herbalife. From people I got into the stock it just read " HLF ". Last time it was a neat 30% clipping for daring to miss a qtr-- this time it's good news. Apparently a big shareholder has made a bid for the co. He would be STEALING it at $38. I will have wasted alot of time for a $3 gain. Then again it's a hell of a lot better that $33... mixed feelings. Management will fight this hard I imagine... could get ugly> unless it's collusion to take this great company private. And that I wouldn't doubt one bit.
Read those financials boy! And the whole China thing is in place with distribution channels etc. This is like buying a gold mine for the next 10 years.
Stoney - You kill me, first REFR, now Herbs. You really need to add POT to your watch list. No seriously - POT is a great ethanol play - they make fertilizer and corn uses more fertilizer than any U.S. crop (legal crop anyway). I wouldn't jump in now, but wait for a pull back to $150 or so - check the chart, it's going straight up, higher and higher!
topdown don't think I haven't already done that with POT years ago. Funny think about REFR I didn't realize what a great symbol it was until I had already bought it. I'm just like- there's something about this stock I like. There's another stock ROCM that just goes up for no reason and I had a limit order in for that but I have no grasp of the story other than it's Rochester Medical and it's cascading up with volume, the glass story I like that better- I shifted over to that play. but we'll see. Today it certainly paid to be in Rochester medical. I have a feeling next week REFR might drop some more good news and we get a run to $12.