What if the tabloid is wrong? This is the second time the same tabloid in the U.K. has published an article speaking of a "deal close to hand." I'm going to start a company, and then call a reporter from the 'The Sunday Express,' and pay him/her to publish a rumor that my company is about to be purchased for 1 zillion dollars. http://today.reuters.com/news/artic...C_0_US-DOW-CHEMICAL-BUYOUT.xml&src=rss&rpc=23
Haha, that's all it takes to make a stock spike... a rumor. That's what they were talking about with the Cramer slipup... calling news sources to divulge rumors so the price can move... then, when the rumor has been proven false, the stock plummets, sometimes in 1 day.