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NYX- Plan
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NYX has been getting beat down for some time. Competition among the exchanges is getting fierce. This is one of Cramers Top growth picks for the year and I have no problem trading based on that alone. He believes that Euronext should be $100 a share if it was trading by itself. With NYX's acquisition or Euronext this thing should be MUCH higher.
Today NYX announced their earnings will be released Aug. 2 and I think they will be amazing. Since this stock has gotten pummelled for so long I think it might trade up going into the earnings. I will decide whether I want to hang on or sell into the earnings based on the action I see going in to it. |
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