Hubert Senters here.

Let’s take a look at Tiffany. And this is just an example. If you don’t know how the stuff works, this is how the stuff works. I think it’s Louis Vuitton put into bid by Tiffany. And it gapped up right here. They didn’t pass the vote for that.

Now, it has actually passed and they accepted it and all of that good stuff. When you get this type of stuff usually you don’t have and if you miss this move right here so there’s a difference between a good old-fashioned bracket trade on earnings based upon they’d beat earnings or the street reactive weird to an upper down move.

In this situation, it’s a takeover type so this thing at $133 will probably not go much higher. It will probably not much go lower either. It will just lock and go sideways and then it becomes a new ticker based upon the new company.

So in that situation you can’t really do anything about this if you’re long at a hundred and it gapped up to $125 to $130. Congratulations! You might as go ahead and sell that day because for the most part it doesn’t go much higher and it doesn’t go much lower after that take place.

The only case is if the bid is not successful and tend to fall back. In this case, the bid was successful overtime and then it went a little bit higher from $130 to $133 so only three more points.

In my opinion, you better off taken the money when you’re long, if you’ve got long anywhere below a hundred and it gapped up to $125 or $130. I don’t think it gone higher liquidate three quarters every position, keep a quarter of it just in case and manage the situation in that way.

Mark Helweg is going to be doing a special webinar on ‘’How to Potentially Profit from Huge Market Moves’’ without predicting the direction, Tuesday, November 26 at 8PM EST. I will HYPERLINK you to this registration form.

Good luck. Hope it helps. See you on the next video.

Hubert.