Seeing this with many good announcements. Gap up with heavy volume but none of them running up after the announcement. Interesting couple of months coming up.
Is it smart money getting out with good announcement or is it new money gaining initial positions for further upside in the near future ? In bull markets the gap up in volume is always a good time to jump on early. Unfortunately we are not in a bull market ? IMO we are midway through the bear market.
My opinion is just that. I like what EUR is doing.
Ann: EUR Merger with NASDAQ Corp - Equity Consideration US$750m, page-259
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