MS tanking again on news

official merger talks with WB..... Morgan Stanley Wachovia??

 

Was over 23 in pre-market.

Might also be due to CITIC denying that they will buy MS.

 

Charlie is reporting that MS is getting serious about a bid for WB.

So that means that everyone can go and attack MS like crazy

 

yesterdays volatility in MS was great

hope it continues today

 

Thank you Charlie Gas... I was hoping to dump that shiite at the open.

Oh well, on to another trade!

 

Who is buying who? If MS is having money troubles, how are they going to buy WB?

 

I think its like a co-merger.

not really one company buying the other.

they want to join forces and supposedly be stronger

 

sold short 20.21

 

Run if MS merges with a weak bank. MS will raid the deposits.

 

covered 19.33

a little wild in the beginning, but turned out ok