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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (4604)11/2/2017 10:14:16 AM
From: richardred
   of 6850
 
Sold out last Batch of SHLM call options for giant % gain.

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To: Glenn Petersen who wrote (4612)11/2/2017 11:29:40 AM
From: richardred
   of 6850
 
IMO- OMI -Owens & Minor a good value fit. A good buy for scaling up medical supplies business.

owens-minor.com

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To: The Ox who wrote (4609)11/2/2017 11:51:08 AM
From: richardred
   of 6850
 
The stock is moving down more today in anticipation of bad earnings . The biggest blocks are mostly down-ticks. I will be watching tomorrow to see if their will be some dumping by institutions. This might create an opportunity IMO. TEVA is down double digits today and I suspect ACET could be to, on a negative release.

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To: richardred who wrote (4615)11/2/2017 11:55:24 AM
From: The Ox
   of 6850
 
It could be that some are expecting a "kitchen sink" type of quarter with the recent change in upper management? Might be too early for that but it does appear that a significant "run for the hills" action has occurred over the past couple of weeks!

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To: The Ox who wrote (4616)11/2/2017 12:16:40 PM
From: richardred
1 Recommendation   of 6850
 
I could be wrong. However I'm figuring even if the company can earn a buck next year. FWIW-If my worst case guesstimate is right? A PE 8 or 9 times forward earnings with a 2%+ covered dividend isn't to bad for myself moving forward. Especially in current market conditions. Some story stocks like IMPINJ and Tesla are taking some hits today. IMO if and when the market does correct. Low PE stocks will take a hit, but not as hard as story stocks and ones that have unrealized gains. RE-High PE's & momentum run ups.

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To: The Ox who wrote (4616)11/3/2017 9:55:04 AM
From: richardred
   of 6850
 
FWIW- I was ready early this morning and picked some up at 8.28. Earnings weren't as bad as I expected. I knew some would dump early. Maybe the bots. <g>

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To: richardred who wrote (4618)11/3/2017 9:57:56 AM
From: The Ox
   of 6850
 
Great trade and even better timing, IMO! Very well done.

Too much on my plate the last few days, wasn't ready to nibble, let alone take a big bite.

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To: The Ox who wrote (4619)11/3/2017 10:50:21 AM
From: richardred
1 Recommendation   of 6850
 
Having a good year so far with the portfolio. The update came out today. I'm happy if I beat the averages. Adding to some depressed CTG today.


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To: richardred who wrote (4541)11/3/2017 11:10:16 AM
From: richardred
   of 6850
 
Sold out of HBIO.

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To: richardred who wrote (4618)11/3/2017 11:22:59 AM
From: richardred
1 Recommendation   of 6850
 
Sold ACET bought this morning average cost 8.40. @ 10.33.

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