CnnFn at 9:15am EST stated that BankOne is skyrocketing in the premarket... this stock is not dual listed, so where are these NYSE stocks being traded in the premarket?
when a garbage bank like JPM can buy ONE with an inflated currency....you can just sense it's 2000 all over again.
Exactly my thoughts. In fact, the first thing that came to mind was the AOL/Time Warner merger from mid January 2000. Although unrelated industries,the whole merger was influenced by dramatic asset inflation...It's amazing to think that not more than 18 months ago(July 2002), JPM was rumored to be closer and closer to insolvency as its derivatives positions were ticking time bombs. 18 months and tons of liquidity later we have this...
Better yet, someone should investigate the action in Jan Call options that expire tomorrow. They were very active Wed. Someone definitley knew something was up with ONE.