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"The acquirer often dips on an announcement like this" But this...

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Andrix

3,619 Posts.

81

13/03/15

12:11

Post #: 14908722
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Originally posted by Pier5215 ↑

I've just sold TPM after an unexpectedly large increase following the announcement, amazed it's gone as high as it has this morning given the premium it paid and the new debt. The acquirer often dips on an announcement like this, I can't understand the magnitude of the TPM increase unless I'm missing something. I'll obviously still hold IIN

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"The acquirer often dips on an announcement like this" But this is TPM. Operative word is "often".

IIN Price at posting: $8.63 Sentiment: Hold Disclosure: Not Held

TPM Price at posting: $8.88 Sentiment: Hold Disclosure: Held
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