(07-01-2016, 11:48 AM)DividendGarden Wrote:(06-30-2016, 05:20 PM)Dividend Watcher Wrote: If I owned it now, I'd probably take those profits and wait for everything to settle down before buying back in. Of course, that is if I hadn't found a place for that money in the meantime.
I ended up selling most of my HSY shares yesterday at almost the high of the day. I plan on buying back when it comes back down to $100/share, which I expect it to do over the next few weeks. I'll get many more shares of HSY, which I plan on holding forever. Nice little trade there.
Attention market timers oops I mean fellow dgi's
HSY down almost 12% after hours on Mondelez ending current pursuit of Hershey. Here's your chance to "...get many more shares of HSY, which I plan on holding forever'...or at least until there's another takeover threat 
Congrats though to anyone who did sell and will actually buy back in (let's see who does haha). Personally I don't like to gamble with my core positions, nor pay capital gains taxes, nor commissions etc.