here is a tip to make some money for my fans:
amd is supposed to take over
xlnx by the 4th quarter of 2021.
in this deal xlnx owners will get
1.7234 of amd at the close of
the deal.
the deal needs approval both in china and the usa.
amd stock has gone up more than 30% since last tuesday
earning release and is now close to $120 a share.
xlnx on the other hand has been going down and is now trading
at less than $145 a share.
simple math tells you that if you buy xlnx right now you are effectively
getting amd for $85 a share(details left as an exercise for the reader).
the only problem that can arise is for china not to approve the merger.
but that is highly unlikely imo