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hiker

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Reply with quote  #1 

Friday intraday

http://stockcharts.com/charts/gallery.html?SWIM

SWIM tested and held the 6.99 mid-2006 low today on the 40% selloff following earnings last night


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hiker

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Reply with quote  #2 
July 18th update -

http://stockcharts.com/charts/gallery.html?SWIM

the prior swing low of $6.90 has been surpassed on occasion, and price continues to be range-bound, for now

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hiker

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Reply with quote  #3 

July 25th update -

SWIM gained 11.79% this week -

http://stockcharts.com/charts/gallery.html?SWIM


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hiker

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Reply with quote  #4 
Aug 1st update -

SWIM gained 20.71% this week -

http://stockcharts.com/charts/gallery.html?SWIM

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hiker

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Reply with quote  #5 

August 6th intraday chart updates -

daily RSI level is now testing the early 2007 RSI high

SWIM has gained an additional 8% this week, so far


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hiker

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Reply with quote  #6 

updates for Aug 8th -

% gains for:

week ended July 25 - 12%

week ended Aug 1  -  21%

week ended Aug 8 -   12%

self-updating link to weekly chart -


http://stockcharts.com/h-sc/ui?s=SWIM&p=W&yr=3&mn=0&dy=0&id=p57775769039



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fib_1618

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Reply with quote  #7 
Seems to me that this issue is SWIMming up stream without too much of a problem.

Nicely timed Hiker...thanks for keeping us updated on its progress.

Fib


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hiker

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Reply with quote  #8 
article from August 20 -

http://seekingalpha.com/article/91722-jana-partners-shows-new-stakes-in-century-aluminum-and-thinkorswim-boosts-ak-steel-stake?source=yahoo

excerpt -

Barry Rosenstein's JANA Partners released its 13F for the quarter ended June 30, 2008 the other day. Below are some notable moves:

  • New 1,204,656 share stake in Century Aluminum (CENX)
  • New 1,012,800 shares stake in Genentech (DNA)
  • New 8,714,300 share stake in Talisman Energy (TLM)
  • New 2,344,493 share stake in Thinkorswim Group (SWIM)
chart update for Aug 19th -

"linkable" chart -

http://stockcharts.com/h-sc/ui?s=SWIM&p=W&yr=3&mn=0&dy=0&id=p57775769039









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hiker

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Reply with quote  #9 
Jan 8 pre-market, 2009

DOW JONES NEWSWIRESTD Ameritrade Holding Corp. (AMTD:...) said it agreed to acquire online brokerage thinkorswim (SWIM) for $606 million in cash and stock.

The deal comes as Ameritrade, which has seen strong trading activity, copes with declining asset levels and Federal Reserve interest rate cuts that are expected to create challenges for the company. Observers project industry declines into next year as investors pull back from weak equity markets.

"This transaction is directly aligned with our growth strategy, creating scale for the trading side of our business and, more importantly, advancing our trading strategy by several years," said Ameritrade Chief Executive Fred Tomczyk.

The deal gives Ameritrade a company with 87,000 funded retail brokerage accounts and client assets of more than $3 billion. Thinkorswim (SWIM:...) had $380 million in revenue and $87 million in pretax income for the year ended Sept. 30.

Under the agreement, expected to close in six months, Ameritrade will pay $225 million in cash and issue 28 million of its shares to thinkorswim holders. At closing, each share of thinkorswim will be exchanged for $3.34 in cash and 0.3980 of an Ameritrade share.

The deal represents a 54% premium to Wednesday closing prices. On Wednesday, Ameritrade shares closed at $13.48 and thinkorswim closed at $5.65. Neither stock traded traded premarket.

Ameritrade also said it will begin a 28 million share stock buyback, equaling the shares issued in the transaction.

-By Mike Barris, Dow Jones Newswires; 201-938-5658; mike.barris@dowjones.com



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