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