Thursday, April 17, 2014

Sold Mercury Systems

I took my profits in Mercury Systems, Inc. (Ticker: MRCY) today at $13.83 generating a net gain of 4.21% over a 4 day period. I entered this as a special situations play with a potential upside target of $15.00 if Boeing (Ticker: BA) makes a bid for the company. If no Boeing, I do not see a bid of $15.00 from any private equity buyers. I decided to play it safe and take some gains in this environment.


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