Pyrpolizer wrote:Paphitis wrote:
It won't be on a downward trend from now on. I see it breaking 10 Euros. It has all the traits of a Bullish stock because of the possibility of the Apple takeover. If Apple take it over, then it could even go 15 Euros.
If the buyout occurs, Milti won't be selling at 7 Euros, he might be selling at 15 Euros or even 20 Euros. If Apple move in, then the stock will go ballistic. Everyone is going to want some shares in it. The problem for Milti will occur if Apple run away from Tom Tom. But he has a stop loss for that too so he has reduced his risk.
So Milti has got in at the right time, and now needs to pick his exit strategy. If the takeover falls through, then he sells out at 7 Euros.
How do you know it won't be on a downward trend from now on when it's has already been on the downward trend for almost a year?
if it's going to be on upward trend then there is less and less incentive for the buyout to ever occur. And in fact the whatever upward push that currently exists will vanish and that may happen suddenly with the announcement that the whatever negotiations for a sellout failed. If this happens Milti will be lucky to be able to sell at his target low of 7.
Considering what he said, I'd personally set the selling target to maximum 8.5. Milti set it to 12!!
Usually when a company is the subject of a corporate takeover, the trend is always upwards. I've never seen a downward trend when there is takeover speculation.
Now, if you add the fact that the predator company is Apple, then it is PARTY TIME for Tom Tom.
Apple will open Tom Tom to Billions of mobile devices such as IPhone, IPADs and MAC Computers. Profits for Tom Tom will sky Rocket which means money is just changing pockets to another company they own.
No one knows for sure, but it is a stock that has very interesting prospects.
It's the type of stock managed fund managers and instiutional investors would be interested in with Apple lurking in the shadows.