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Old 05-24-2005, 03:00 AM
Paul P
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Join Date: Jun 2002
Posts: 296
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Default Re: PalmSource CEO David Nagel Resigns

Quote:
Originally Posted by Ed Hansberry

The announcement isn't helping their stock much. In a day when the NASDAQ was up half a percent, PalmSource dropped 1.33%.
Not a palm fan, but stocks drop on good news and bad on any particular day, regardless of the market. The stock looked dead around the same price about a year ago (if my memory serves me right). Then it rebounded. It doesn't take much for a good rebound (well maybe a little irrational exuberance).

Also, I hope you shorted it six month ago
 
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