Received 7 Karmas
raymontrader
raymontrader Dec 10, 15 10:33 PM

Thanks for the watchlist. Happy trading guys

x82hammer28x
x82hammer28x Dec 11, 15 1:54 AM

LOJN is being acquired at 5.50/share. Maybe I'm wrong, but I would think the stock would hold steady at that number until they accept/reject. Any thoughts or professional opinions on this? (I'm a total noob)

BowlesTrader5
BowlesTrader5 Dec 11, 15 8:21 AM

@x82hammer28x Well LOJN is interesting because it spikes so much, and yes it was on news, but often they do come down a bit once the hype dies down. So if it can't hold its current level and many people are selling(look at time and sells and/or lvl 2) then it could be a decent little short

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