So you are suggesting that we are in the wrong stock short term wise then? Because Mog went up 33% just because MEO went into trading halt.
For us to get back to 50cents we need about the same return after the announcement is made. I would presume that MOG would go up even further tomorrow or Wednesday when the announcement does come, meaning a stock that is indirectly exposed to this announcement slightly will outperform the stock the announcement is about?
Just would not make sense to me for this to happen?
MOG is my gauge and I am guessing we will be seeing 70-80's tomorrow and possibly push the $1 region depending on the deal.
The fact that this stock went to 82 cents on speculation the deal would go through and be announced should tell you it will ravage 50 cents.
This is all pending the confirmation of the announcement being good of course.
Just my opinion.
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