% | $
Quotes you view appear here for quick access.

Monster Worldwide, Inc. Message Board

  • flipcoin2003 flipcoin2003 May 3, 2007 4:44 PM Flag

    Here's what happened

    Sequence of Events (47.84 +3.80) -Update : 1) M&A site runs story on MNST suggesting co could get bought at any time, 2) details of actual story begin to circulate & it it is saying what everyone else has been saying (that co could be bought and who suitors might be, but no deal imminent), 3) battle between Longs & Shorts breakout (Shorts leaning b/c they know nothing new in the story, Longs pushing b/c anything with takeover chatter has been a mover & MNST has history of squeezes), 4) Cramer comes on CNBC suggesting MNST Calls suggest co gets acquired within 30 days), 5) Momo crowd piles into MNST b/c Cramer makes it sound like a deal is imminent, 6) After running to high of 49.39, stock comes in 1.50 as momo crowd runs out of steam and position Shorts step in on belief that while all this is entertaining, nothing likely to happen tonight.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
6.25-0.09(-1.42%)Apr 1 4:03 PMEDT