PepsiCo in talks to buy SodaStream for $2 bln -report
In a report this morning that PepsiCo is in talks to buy SodaScreen for $2 billion has skyrocketed the stock of SodaStream (NASDAQ:SODA), which is up over 30% in pre- market trading. If you had watched our SodaStream special report and alert this past Tuesday, you would have just made over 30% in two days!
Once again, MarketClub's Trade Triangles keep you on the right side of the markets, and point the way to profits in SodaStream!
Here is the original posted recored on Tuesday the 4th of June.
In today's short educational trading video, I'm going to share with you an interesting set-up I see in SodaStream International Ltd. (NASDAQ:SODA).
Here is some fundamental background on SodaStream, courtesy of Wikipedia.
SodaStream is the maker of a consumer home carbonation product based on the principles of making a carbonated drink as originally invented by Guy Gilbey in 1903. The device allows users to take ordinary tap water and carbonate it to create soda water (or carbonated water) to drink. With the addition of one of over 100 different types of concentrated syrups and flavorings produced by Sodastream, owners can create carbonated beverages. After the company merged with Soda-Club in 1998, it was relaunched with an emphasis on healthier drinks. It went public on the Nasdaq stock exchange in November 2010. Sodastream is currently headquartered in Israel, and has 13 production plants.
Judging by the feedback in a private sneak preview of today's video, you won't want to miss this viewing. The video runs about 7 minutes.
Enjoy the video, and every success in your own trading.