International Game Technology has just put itself up for sale and is up 14.39% today. With its tremendous free cash flow, I don't see how they can not get at least $30 in a buyout ,if not more! I was lucky to have its stock fall to $12.71 a share, where I bought it for my clients .

Here is the news flash from Reuters today.

And below is my free cash flow analysis of IGT, which I believe in a buyout/merger it should sell at a minimum of $30, if not more. For those of you new to my unique methods of free cash flow analysis, you can get an introduction by going here .

I have recently changed the name of my firm to reflect the conservative strategy I employ for my clients and you can read more about that by going here.
 

I am also a technical analyst and as you can see from the table above that IGT is selling below its 3,650 day moving average (red Line) or 13 1/2 year trading moving average. Here is my technical work on it and for those new to this analysis you can get an introduction by going here.

IGT's stock has clearly seen better days, but as you can see from the chart above, that its stock price has fallen below our 3650 trading day moving average (red line), which we consider our Growth phase and below its Value phase (green line). It has been our experience that when stocks fall that low and still have strong free cash flow, from a quantitative analysis point of view, that they are usually true bargains as IGT clearly is.