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Tuesday, December 14, 2010

EMS

EMS made a big move on high volume due to a "review of strategic options", meaning it is looking to get acquired. Why it got so much interest today is beyond me, because, as far as I know, there are no takers. The price relative line speaks volumes about this stock. One oddity I saw here; with pivot points at 51.50 and about 55.50. that would put the next one around 59.50.  That is almost exactly where it gapped up tt.

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