Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Author: raoulvanhorn Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 570  
Subject: Up 10+% today -- why??? Date: 5/29/2007 4:24 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
GTRC is up over 10% today, closing at $52.47. I can't find any recent news that would explain it. Anyone know what's going on?

(BTW, this board sure has been quiet lately. Where is everybody?)
Print the post Back To Top
Author: ScottTheGeek One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 554 of 570
Subject: Re: Up 10+% today -- why??? Date: 5/29/2007 6:34 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Found this on Guitar Center News at:

http://www.topix.net/com/gtrc

Guitar Center (NASDAQ: GTRC) implied volatility flat as GTRC rallies on Speculation.

GTRC, a retailer of guitars, amplifiers, percussions instruments, keyboards, and pro-audio and recording equipment, is recently up $3.75 to $51.26. Chatter is circulating GTRC has hired an investment bank to explore strategic alternatives. GTRC has a market cap of $1.4 billion with long-term debt of $1 million. GTRC June option implied volatility of 33 is near its 26-week average according to Track Data, suggesting non-directional risk.


So that basically tells me... nothing really. Just up on no real news!

ScottTheGeek sends...

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Advertisement