Wednesday, October 28, 2020

Acquisitions Push These Stocks Higher

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Oftentimes when a company acquires another, the stock price goes down due to the related costs… But not today… miRagen Therapeutics and Titan Pharmaceuticals are both taking off on acquisition announcements.

Hello Trader,

If investors see an acquisition being overly expensive to the value added, it can take the stock down until the value is realized in the earnings reports.

But it's also not uncommon for investors to love the idea causing an acquirer's stock to take off on the news.

And that's the reaction we saw this morning in two stocks that I'm watching today, miRagen Therapeutics (MGEN) and Titan Pharmaceuticals (TTNP).

If you're in my Stock Profit Pro trading room, I'm there sharing my thoughts, scans, and trades with my members every day in real time… so you already know about these stocks.

But for those who aren't…

I'm going to share my thoughts on these two monsters today...along with a few others I'm keeping an eye on.

Click to continue reading…

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Jeff Williams

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