timothysykes

-$510 loss SIEB Long Stock

Entry comments: I dip bought some of this runner, same business as TOP, just got a big investment from a Korean financial company, it spiked big earlier and has now been consolidating, lets see if it can breakout, its gotta get tot he $3s to really be able to pop...speculative so small $

Exit comments: No bounce whatsoever, maybe it bounces more, but my VENG trade is a reminder of how I want my bounce plays to work, no stress there, I gotta focus more on those and less on these choppy plays

Received 3 Karmas
tupuad
tupuad Apr 28, 23 10:26 AM

Thanks Tim.

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JetCadet

@TNT71 Looks to me it would need to break out pass 1.70 based on previous highs on 7/29 for a breakout. Kennedy Cabot Acquisition, LLC is acquiring 90% of $SIEB Q4 2016. Don't know much of Kennedy Cabot but i would watch for any new news on monday and watch for a breakout it has broke out in the past. has low volume and kind of choppy. I'll watch but probably not trade.

TNT71
TNT71 Sep 04, 16 11:35 AM

hi jetcadet thank you for your thoughts its already on my watch list i will be watching on tuesday for sure as i think its a holiday in the us

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Eugene01Lion

[TimAlerts] the closing of the sale and the tender offer is expected to occur in Q4 before closing $SIEB will be paying a dividend to sharesholders of .20 per share and the price of $SIEB will go to 1.62 so if you buy know at 1.52 you know it will go to 1.62 then when it pays the dividen of .20 you will make .30 a share

TNT71

[TimAlerts] Has anyone got any advice on $sieb im learning and wondering if im looking at things correct ?

TNT71

[TimAlerts] $sieb just had 90% shares aquired on friday. Possible runner on tuesday what does anyone else think ?

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