November 11, 2009
a love triangle
I remember when the agg stocks were killing. Thanks to some awesome trend trading tips from Maoxian, I was lucky enough to catch CF on its way up a couple years back.
I found myself back in the wonderful world of agg stocks recently - seems there's a little acquisition dance going on between TRA, CF, and AGU.
AGU wants to buy CF, but keeps making lowball offers (which CF rightfully rejects). Meanwhile, CF keeps making (not-as) lowball offers for TRA (which TRA keeps rejecting).
I'm curious to see how this little dance ends (I'm long one of these stocks in a heavy way).
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