As the date for the shareholder vote approaches, CKXE has seen some very volatile trading days, often taking dips of near 7% and then spiking back up near the end of the day. if you were/are fortunate to buy on one of these dips you will be very fortunate to do so. Investors are still a bit hesitant about this stock's takeover chances, causing them to shy away from the potential...
Today we just have to take a step back and admire the rapid appreciation of this stock. it's actually quite remarkable when you think about it. with the vote still a ways a way (couple of months), its hard to understand what has caused the sudden, rapid bump in price. why is it rising now, instead of continuing its steady decline as it was before? It's hard to say exactly.&n...
My earlier post explained why before today, the stock was moving sideways; because the merger at 12.00 per share is not guarunteed. but as i said, the risk/reward ratio on this is too good to be passed up. But for those who are still unsure, let us examine this stock. CKX, the owner of american Idol, has been historically a terrible performing stock. however, 19x agreed to bu...