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Topic | Stock Market General #39 |
theAteam 08/30/21 8:43:09 PM #406: | Welp, the MX merger was flagged as a "national security risk" by CFIUS and so the admin will likely reject the merger. Stock got BTFO today as a result and I'm bag holding it badly now. Still a good company and I bought it originally without knowing a merger is on the table so I expect it to come back. Not entirely sure what a SK chip manufacturer does that creates a national security risk for a different country it has almost no presence in, but I suspect it's just a political posturing move by the US. At least CRSR finally popped so I was able to sell a CC and collect some premium and get my cost basis down a bit, so I got that going for me. --- Buffalo Bills Season Prediction: 13-4 Week 1 (9/12): vs. PIT ... Copied to Clipboard! |
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