I am out....relieved to make some good money on this shorts driven rollercoaster!
besides, based on previous takeover's there is invariably a retrace and consolidation..axa, qgc to name a few....I will possibly buy again at the consolidation levels (end of next week?) at which stage either the stock will move with the price of gold (roughly) or a new offer will be made by NCM or other....
worst case I miss on an upgraded offer but as they say in the classics "leave something for the next guy"
good luck to all the longs....great to see the shorts get cooked today!!!
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