Posted On: 08/19/2013 1:48:30 AM
Post# of 98573
I'll take (NYSE: MM) Millennial Media @6.93 for this weeks big board pick.
Last Tuesday they announced a definitive agreement to acquire Jumptab and the market reacted with an 18% drop.
http://www.marketwatch.com/story/millennial-m...2013-08-13
I'm going with this strictly as a chart play, I'm also guessing the market will soon react to the fact that the acquisition would make Millennial Media "the largest global Independent Mobile Advertising Platform," with a 52 week high of $16.86 and a low of $5.87.
Last Tuesday they announced a definitive agreement to acquire Jumptab and the market reacted with an 18% drop.
http://www.marketwatch.com/story/millennial-m...2013-08-13
I'm going with this strictly as a chart play, I'm also guessing the market will soon react to the fact that the acquisition would make Millennial Media "the largest global Independent Mobile Advertising Platform," with a 52 week high of $16.86 and a low of $5.87.
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Everything & Anything that I post that is stock related on this site is my personal opinion & should not be used as investment advice in any shape or form as I'm not a licensed adviser.
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