Whataya think? A bit oversold? Hehehe
$Albertsons Companies (ACI.US)$ Hehehe. Not sure when Anti Trust trial is done! ( Estimated 3 weeks ) But this thing could become a beast if the FTC allows the KROGER Merger to go through! The Trial started Aug 26th. And the daily chart sure shows the dissatisfaction with the FTC even questioning the merger. Hehehe
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Nidia_Girl : I'm in this for 1 year waiting on this merger !
Lnova :
a trial?
Lnova : Will try to see if I can watch this trial online.
Trytosaveabit OP Nidia_Girl : I really don’t get why the FTC is so against it? It’s gotta be a bit of shadiness going on? But I really do think if the merger is allowed to go forward. That ATH is going to be broke and by a good bit. Not just 5/10%! I figure a answer should be out by about September 18/20? NFA! BTW I would love to see you with a 50+% ROI here. GL
Trytosaveabit OP Lnova : Yes it’s a anti trust trial
Lnova Trytosaveabit OP : thank you for telling me about it. I like to watch court trials and follow cases.
Trytosaveabit OP Lnova : You’re welcome![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
stderr Trytosaveabit OP : They will own everything around here, Safeway, Albertsons, Fred Meyer, QFC. Leaves WinCo and superstores Walmart, Costco. Much less competition. They made Albertsons get rid of some stores when they bought Safeway, managed to almost take out Haggan Foods because stores were underperforming and Haggan stupidly took them on. And what is up with 10 to 1 rs around that time?
Nidia_Girl Trytosaveabit OP : even if the merger doesn't happen ,I always see grocery stores as a good investment.. So I'm hoping for a bargain regardless here
Trytosaveabit OP Nidia_Girl : Very true! But for me it’s only a swing trade! It could be a nice long term hold as you say! And I may look to add to my investment portfolio at end of November!
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