Tuesday, November 07, 2006

That was a takeover Monday!

Financial Times has called today as takeover Monday. That should move the M&A boom into the next phase, where ordinary folks, so enthralled by real-estate so far, start buying on every rumor.

From this point onwards it will get much harder to find real bargains, as the prospects of a takeover will start to form, at times an artificial and elevated, floor for a number of stocks.

It has been more than 3 years since I started buying every cheap potential target around. The hits have been coming, at an increasing pace lately, and they should accelerate even further.

Here are a few more of today's headlines:


Post a Comment

<< Home