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ARNC

Possible ARNC Swing Trade Setting UpARNC might be setting something up. - Price on Friday 5/22/2020 rose a fair amount on a little greater than average volume. This is a sign of some strength. - The 20dMA is about to cross the 50dMA. This would be a stronger sign of strength. - If price crosses and stays above the $12.74 Fib line, then the $16.82 Fib line and the next $20.12 Fib line could be in reach. For a swing trade, we'll be looking to get in around $13.28 with a target around $16.70 +26% with a stop loss around $11.29 -15%. The problem here is our profit to loss ratio is way too small. We're risking -15% to gain +26%.  We're looking for trades where we gain at least 3 times our risk. So if our risk is -15%, then we're looking for a gain at least +45%. The last bullet point above tells us the next Fib line is at $20.12. If we make our target price $19.91, our gain raises to +50%. So the question becomes, what would it take for price to risk fairly quickly to $19.91? It would take a very strong move over the next few days.  We're looking for more volume here. If price can rise the next 3 to 4 days on volume, then we have a strong upward move. The 20dMA will cross the 50dMA, which is a strong bullish move. And we'll be above the $12.74 Fib line, so it will act as support. Keep an eye on ARNC this week if the market is bullish.
ALong
by dbruins
CLF JOINS S&P SMALLCAP 600 - SHORT SQUEEZE! As we've been posting, Cliffs is a turn-a-round play with a new organic HBI plant coming online within the 1st qtr of 2020. After the market closed, news hit that the company will be added to the S&P SmallCap 600. S&P would not list CLF before looking at the company and its financials. CLF is a solid play. We figure fair market value is between $13 and $15 per share at current earnings, market cap, etc... With over 100 million shares short, this could be the biggest short squeeze in a long time! ADDING ANOTHER 2,000,000 SHARES IN THE MORNING BEFORE THE STOCK SPIKES DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice. In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
NYSE:CLFLong
by UnknownUnicorn3159981
SOLD - BUYOUT WAS A HUGE SCAMToday, only on Yahoo News, there was a story that ARNC agreed to a $10.3 BILLION Buyout including liabilities. As for the London Fire, it has been almost 2 years and no lawsuits have been announced against Arconic. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM! Although we made a little profit, deals like this are always to good to be true! SOLD 500,000 SHARES @ $21.51 PROFIT: $440,000
A
by UnknownUnicorn3159981
1
BUYOUT OFFER COULD REACH $28 TO $35 - ADDING 350,000 SHARESRight after we posted the BUYOUT news today, within maybe an hour, the company issued a press release. From what we know, the company is looking for an offer between $25 and $30 including the possible debt / potential future liability. If the debt / potential future liability is rolled over into a separate company, the offer price could reach as high as $35 to $40 a share. At this point, we think the stock is a screaming buy especially with verification today that at least 3 known companies / firms are interested in buying Arconic. This could cause a bidding war! We added another 350,000 shares today for a total of 500,000 shares Average price, $20.63 AT MINIMUM, KNOWING THERE IS A 99.9% CHANCE ARCONIC WILL BE BOUGHT, THE STOCK SHOULD BE TRADING BETWEEN $25 AND $30 RIGHT NOW FYI... Look at ALCOA CORP COM - $6.3 BILLION Market Cap. Trading at over 1,100 times trailing earnings 52 week high, $62.35 NOW LOOK AT ARCONIC INC COM - $10 BILLION MARKET CAP, LAST 8 MONTHS, EARNINGS OF $2.37 ARCONIC ALSO PAYS A DIVIDEND, ALCOA PAYS NOTHING ARCONIC'S POTENTIAL FOR FUTURE EARNINGS COULD DWARF THAT OF ALCOA ALCOA CAN'T GET IT'S DEBT UNDER CONTROL - ARCONIC HAS A BETTER FINANCIAL BALANCE SHEET THAN ALCOA
ALong
by UnknownUnicorn3159981
BUYOUT - BUYWall Street Rumor is buyout could be announced soon! ARNC is rumored to be in last minute negotiations for a buyout. Once this rumor really starts circulating the street, and the stock moves up closer to its 52-week high, it could force the buyout number to become even higher. Looking at the 52-Week High of around $31.00, we do not see the company being purchased for much less than $31 Aluminum is HOT right now and will be into the future especially with Tariffs on China If a China deal is announced, the deal should only help ARNC in the event the company is not purchased EARNINGS ARE GREAT Daily and Weekly Charts look BULLISH POSITION: 150,000 PRICE: $20.52
ALong
by UnknownUnicorn3159981
2