Overheard on StockTwits: $DCP and Merger Monday, Potential $PALM suitors, and more

• Posted by Howard
• on April 12th, 2010

Merger Monday is back in full swing in the market and on StockTwits.  Even with the run we had, if we get a sustained M&A bid under the market we could continue to rally. Here’s today’s Overheard:

Not just Merger Monday but Private Equity fueled Merger Monday with Cerberus taking over $DCP.  2006 anyone?

Those fighting the trend are having a really tough time in this market.  Well put by @HoyaMustang

@kevindepew recommends reading this article on how strong the recovery will be.  Normally articles like this are good contrarian signs but not when there is still a large, mainstream, bearish contingent out there denouncing it.

The stream is buzzing this morning with the news that $PALM may be putting itself up for sale.  And everyone is speculating on potential suitors.  I like @ericcwu’s idea below about Acer.

A market with an M&A bid is filled with takeover rumors abound. Todays action in $TIE, $VMW, and $ITT.

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