Well stock got wacked today currently trading 17.97 in after hours.
The buyout did not come as reported by many prior to earnings. Still the earnings report beat expectations and guidance was OK. GoGo listened to the conference call a little bit ago and not surprising the Execs did not comment on any buyour rumours. Still have a profit since first investing last year and will let it ride a few more days. With earnings out and the outlook decent GoGo would expect if buyout were to happen then it would happen by COB this Monday. MOT warned horribly yesterday so this keeps PALM still in very attractive position to potential suitors.
Most likely will sell at least half of current position by Tuesday morning if no buyout announced.
The buyout did not come as reported by many prior to earnings. Still the earnings report beat expectations and guidance was OK. GoGo listened to the conference call a little bit ago and not surprising the Execs did not comment on any buyour rumours. Still have a profit since first investing last year and will let it ride a few more days. With earnings out and the outlook decent GoGo would expect if buyout were to happen then it would happen by COB this Monday. MOT warned horribly yesterday so this keeps PALM still in very attractive position to potential suitors.
Most likely will sell at least half of current position by Tuesday morning if no buyout announced.
