It was back in mid February when Palm shares saw their first 10 mln+ share day on takeover speculation. As the chart indicates, the stock was trading in the $14-1/2 to $15 range. A number of analysts say the idea of a Motorola takeover is all but dead if it was ever true to begin with. Tonight Palm will post earnings. 12-cents a share is expected; the reaction/outcome is going to be very interesting.
.. and yes, I went short at the opening bell this morning.