There is a lot of talk about J.P. Morgan Chase & Cos.' rising bid for Bear Stearns Cos. on the discussion boards. Many posters on
Google believe that the price of shares will now increase, and some believe J.P. Morgan's bid will also.
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ChrisChind...@gmail.com said: "I have been saying that it will go up. It's not to late to get in. It will hit 18 by Friday. You all need to have a little hope. I did and i just bought a new BMW this morning. Man do I love this country."
Geose...@gmail.com said: "When BSC being $18.50, JMP will raise the deal $20/share next week."
Stefanregier...@hotmail.com said: "Big day, will it continue? Currently at $11.42 - big finish or bust? I feel strongly that this will end up over $17 buy the end of the week, or at least 15. There are still alot of traders going long(mid april) on BSC with sell strikes at $15, I am certain that this will go higher before any final deal is done and the ink is dry."
Stkinvestor...@gmail.com said: "If JPM continues to up the ante for BEAR no one will take any bid they place on the table seriously. From $2 to $10 is a five fold increase in the span of a week. Consequently, speculators will now commence a high stakes game of chicken with Mr. Dimon. Who will prevail is any one's guess. One certainty, though, is that this will be a wild ride. If the $2 deal is dead, the $10 deal will soon follow. What is curious is that no one else is willing to enter the arena and submit another offer for BEAR. Mr. Dimon having raised the offer has lost credibility on the Street."
- Maria Woehr
