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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 11.88+0.8%1:07 PM EDT

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From: Rarebird5/17/2016 11:39:12 AM
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Fairpoint Communications (Ticker: FRP):

Until recently, the stock has drifted steadily lower over the past six weeks as it seems that a large holder or two may have had enough of the stock and are selling it. I expect FairPoint (FRP) to be acquired at a considerably higher price than what it is currently trading for today. Earnings were quite strong in the last reporting period as well as revenue.

Disclosure: I am long FRP in my personal account.
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