Broadcom or Qualcomm

in #stock6 years ago (edited)

Broadcom getting aggressive with takeover of Qualcomm. It has increased the hostile bid of $82 and have already got approval from various banks. Qualcomm on other hand have started sending mail to the stock owner asking them not to go with Broadcom and stay with Qualcomm. For aggressive investors and immediate benefit merger might be better. While long term customers can stay with Qualcomm and benefit from its strong market. Qualcomm is having bad year and is close to 52 week close. If Broadcom walks away for short period of time Qualcomm stock might fall if bid does take place Qualcomm price will increase. I think merger might bring more value. What do you think?

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Thanks for the article. Been looking at Broadcom in the last couple days. If the MACD cross happens tomorrow we should see it test resistance at $251.

Today Broadcom and Qualcomm had meeting. So it looks they are going towards some direction.

Here we go we are at 251 on the close

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