I swear I heard Carl Quintanilla on CNBC this morning at around 8:30 saying to "keep and eye on the this stock" because DBAB (Deutsche Bank Alex Brown) was upgrading SPLS. Did anyone else hear it, or am I starting to hallucinate?
Yes, over 100K shares were traded in pre-market this morning most likely because of that announcement. I was sincerely expecting the much anticipated traditional $2-3 jump today...but I guess it's temporarily postponed. :-)
Yup, heard that too. He was going over several stocks on the Nasdaq "wall" and SPLS was on a screen and he briefly mentioned the upgrade and he also said "we might see a bounce today." Yeah, that was at around 8:30-9:00am this morning. But nothing's bouncing so far.