<<nice volume>>
Nowadays, not much is kept quiet.
Right or wrong, it happens.
High volume, many times in todays day and age, can possibly be attributed to a soon to be announced deal/news event and etc, etc...
Now this is just idle chatter of course, but there has been alot of talk about a deal with aol.
Aol, happens to split next week, and there is talk of an announcement happening as well...could be a deal with wall mart...could be a deal with athm...could be a deal with qcom...who know's...all speculation sure, but it could come to fruition nonetheless.
This much seems obvious. Volume has been high recently, price is increasing ever so slowly. Could the forces at work be tring to bring both athm and aol within certain price ranges by the time a deal is announced. ATHM management is concerned that they will get a nice premium. AOL's will be concerned that their shareholders are getting a good deal and not giving up to much.
There has been rumor of a 1 for 1 swap after AOL's split. AOL between 150-160 and athm between 50-60 equates to aol at 75-80 after the split, a nice premium for athm, and certainly not too extreme for aol shareholders, most of which want a deal to happen.
Again, this is all just idle chatter and speculation, but I do know enough to come to the conclusion that the volume means something.
I know many athm folks dont want a deal with aol, nor think it's agood idea.....thats fine. There are always 2 sides to every story, and only time will tell which side pans out.
I am long both aol and athm, and feel either way, good things will happen with both companies.
Great weekend to all/
KG |
