Buy @ $0.52
After reading the latest article in TheEdge on the recent AMAT-TCL merger proposal, I start to notice buying interest at $0.52 in the late morning. I was hoping to slowly collect, if possible below $0.52, leading up to xd (for 1ct) on 8-Oct but decided to grab some immediately.
Actually, there's nothing new in the article which I'd posted at talkstock blog. Any impact of this huge merger (if it goes thro') will only come much after it's completed (2H14). So, possibly earliest only in 2015 before we see any thing.
But, from the article, CEO was quoted as he'll be going to AMAT USA in the coming weeks for business meetings. Most likely, if I were to refer to the previous TheEdge interview, he may be going to look for further biz (besides the current Endura lineup). That'd be the potential positive… 😀