So far, so good. Two for two on the board (though in my Fool absence, I did buy and then dump WMS for around a 5% loss.....WMS may well be a takeover target still and slot machines should sell like mad, but their Hollywood Squares game is stoooooopid and I could NOT pass up buying some MSFT at $45.50....WMS is up since then. Too many stocks, too little dry powder). I am now looking at MWY. Have NOT bought it yet, but it looks like Sumner Redstone is buying much stock, and methinks videogames WILL sell well.....more DD needed!
Not looking good for MWY....whole sector getting creamed, and I dunno if Sumner really wants the whole company or not.....not going to buy at this time.Back to the drawing board, looking for the next takeover target!
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