|Day Low/High||20.98 / 21.52|
|52 Wk Low/High||12.23 / 24.90|
The current environment appears target rich for mergers and private equity acquisitions.
These two companies usually get hammered more than most when the market pulls back.
Buying puts and letting longs run does limit some of the upside, but it's a good idea in this turbulent environment.
I'm setting up for next week, when Thanksgiving will likely to put a damper on trading.
There certainly wasn't much to be happy about during yesterday's action, but there were a few surprises.