Doug Kass
The stocks were taken over between 14 times and 23 times 2008 estimates and at relatively large premiums to pre-takeover prices (on average over a 45% premium was commanded).
Raised Long Exposure
10:08 a.m. EDT On a trading basis, I continue to be all-in long despite the early weakness. In fact, I raised my long exposure in premarket trading with several ETF rentals.Holding Long Rentals
10:39 a.m. EDT Today's upside action feels different than the previous rallies, which quickly reversed. I am not making a sale of any of my long rentals.Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass' daily trading diary, please click here.
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