Mate, work on the law of averages....how many times, especially when it comes to smaller co's do these types of things come through??? 20%???
One of my new trading rules (which i'm trying to stick to) is not to buy a stock JUST becuase you are expecting an annoucement. I'd rather trade it after the event.
I'm not saying TNY won't pull through with this, but how many times are we left just standing holding a stock that ahs just fallen 30 40 50% because a deal didn't come through as expected? And then sometimes the deals do come through but not until after massive delays etc. etc. Now this deal is HUGE for TNY and will possibly, evetnually triple the share price in the short term. So where are the BIG buyers????
