Palm Reportedly Up for Sale

Companies that are in trouble do this crap all the time. Radioshack just did it about a month ago. Speculation of sale almost always makes the stock price jump up, that way the bagholders can sell their shares at an artificially inflated price. It is also a good way to put the squeeze on the people who are shorting the stock.


I'm not buying this for sale crap. Companies in desperation mode will try just about anything - including creating false rumors about selling.