Palm Inc (PALM)

[Sola Fide]

In theory...this could go higher? Last I was aware there was a huge short position, they will be motivated to cover now...especially so if they have concern about a higher offer coming in.
Just shy of 55m AH, looks like a bunch of shorts covered.

This offer from HP being on the low side as some would say, may well prompt other players into making a higher offer.
I think yesterdays AH volume was over 4m in the $4.62- $4.66 range, higher volume than there has been lately, fair indication that someone may have had some insight?

$4.60 proved to be a good support area as I anticipated, unfortunately, I didn't pull the trigger on adding more May $5 calls, had my order in for under .30, will open around .80 tomorrow?...sigh..