"acquisitive party lurking behind the scenes", page-7

I have cut this from a reuters post today. It sums up the situation for me and given demand plus the cash on hand (particularly in China), it would seem to support the T/O talk.

Quote:

"The current market conditions mean that short-term views are dominating and company fundamentals are taking a back seat.

'All of a sudden everybody is a trader, now, nobody is an investor,' said Sam Ginzburg, a senior trader at First New York Securities. 'Everything is trading macro, everything is trading on psychology, and everybody is staring at charts.',,," (end).


I would normally be out the door when T/O talk surfaces, however the conditions seem just right (or nearly).

esp.