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