Earlier I noted the comments of JP Morgan concerning AA.
CRT Capital says M&A upside for Pogo Producing (PPP) is near $70. http://www.optionmonster.com first got my attention on Pogo with a post on their "Inside Options" section a few days back.
CNBC just mentioned that Trump Entertainment (TRMP) could be up for sale. Makes sense, why would he need TRMP when he's getting rich off of snookering people into buying his 'how to get rich' dvd course?