GRMN-why is she down & not up today?

Record 3rd quarter announcement! I don't get it?

 

I was wondering the same thing.....WTF?

 

Garmin has taken an undisclosed stake in Tele Atlas NV.


Thats why..........

 

they are bidding for tele atlas.. thats y its down...rumors that their core business might be slowing...

 

guidance wasn't blowout and they just offered a few billion for teleatlas.


Now I actually consider that good news.

So... I'm a buyer.
It'll take a few days and should be back to 125.

 

Profit taking. It will hit 120 again a week in "good market". The point is when to get in? Today? It seems today is just for quick trades and patient long term buyers. Wait till tomorrow or even Monday. Buy Call 110 for December tomorrow.

 

i bought a small position of this this morning. looking to hold through until december perhaps

 

Will go much higher

buy this dip

werd

 

I like how Garmin dropped 20% because tomtom won the bid for teleatlas at the begining of the month... and then garmin comes back and outbids them and it drops 15%... that makes a lot of sense!

 

yea, i got in around 113, dipped a little bit. Holding for longer than a few days this one.