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  • xraythrives xraythrives Jul 21, 2011 4:08 PM Flag

    Why apple will bump bid one time!!

    From my experience the price will usually jump to just a buck or so under the offered price. Then the volatility and volume will practically vanish. There it will sit until further news.

    Google would be smart to hold their first offer a little low, knowing full well a competitor will bump their bid for the reason I initially laid out. I look for the initial bid around 4.5B. Apple will then up it to 5.2 Google then offers 5.9 and the deal goes down.

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