Monday, January 4, 2010
POWN - Explodes On Disney News
Frankly I was surprised POWN did not vault even higher today. To me this creates an excellent buying opportunity. With DISNEY on the prowl again after adding Marvel Comics, POWN would seem a logical choice. Since they have just increased their stake to 10%, it is evident they harbor interest for the company.
With that in mind it makes perfect sense to buy POWN with the hopes that one day Disney will buy the company out, leaving shareholders with some very serious gains on their hands. All things considered today's volume was a little on the light side. I expected a little more fireworks, but for all intents and purposes a 161% gain is a price explosion.
Keep POWN on your watchlist going forward.
With that in mind it makes perfect sense to buy POWN with the hopes that one day Disney will buy the company out, leaving shareholders with some very serious gains on their hands. All things considered today's volume was a little on the light side. I expected a little more fireworks, but for all intents and purposes a 161% gain is a price explosion.
Keep POWN on your watchlist going forward.
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