Some news on an Altari (MO) merger due to poor results, - PM has hit support 5 times and bounced off, I will follow my ta and stop loss in profit , 3 quarters would be a nice holding period for this, but I may close this as soon as we get to some profit.
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Took the trade, left with $10 profit, this was on the day altari announced merger talks, again this is not the market to hold for 3 quarters in my opinion