A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Thursday, December 28, 2006
Rumor DG FastChannel (DGIT) Could Buy Point.360 (PTSX) Following Buying Large Stake
Point.360 (Nasdaq: PTSX) is up 37% after DG FastChannel (Nasdaq: DGIT) bought 1.1 million shares of the company at a healthy premium from large shareholder Midwood Capital. It would seem DGIT could be targeting PTSX for a takeover. More at 13DTracker