Maybe because of the announcement that Palm is jettisoning PalmOS for webOS? I kind of thought that was a given, but you never can tell what the Market is aware of, or when.
If something big where to happen soon, then Sprint stock would jump at the same time...at least that would make sense to me. For the most part, Sprint and Palm stock have been more or less in synch for the last month, although Palms jumped way higher after CES than Sprint did.
Actually this is pretty much Palm's stuck just bouncing back to where it was 3 days ago. Its been around 8-8.5 for the past few weeks after the announcement, with small daily fluctuations.
Really disappointing, I doubt I'll wait another whole year, I've had poor coverage and performance with Sprint, so that's not an option. Guess I'll have to weigh options, really wanted the Pre to replace my 680. Oh well...
We got nutty investors out there. I stopped trying to make sense of them long ago. Sometimes you go with your gut, like the time i bought a bunch of palm when they were on fumes.
I'm a cpa..i can read financial stmts and yep, i know the sky was falling for palm. But i do what i can to avoid those who insist its falling every day (sucks to avoid my dad..lol). And a lot of these investor sites or blogs i can't stand.
Reading numbers is easy but applying common sense is the hard part.
I think it will continue to climb as more and more investors anticipate the release date. It's a great time to buy early in case it peaks soon. All the release date rumors perhaps spread the word - who knows? Even though it wont be released on those rumored dates - just the simple anticipation lets people know that they have a high demand product. So buy in now - let your money ride this market spike - because it's obvious there's not much else out there in the market (aside from Apple?) that has an upward trend
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Originally Posted by NachoB
