The Retailer Rumor Mill in High Gear

I don't know if this would be considered a sign of a healthy market or an ailing one, but we can't ignore the presence of so many takeover rumors, specifically those concerning high profile retailers.

On Wednesday, Radioshack ($RSH) was on everyone's lips as talk of a private equity buyout from Apollo Investments made the rounds.

Yesterday's rumors concerned Gamestop ($GME) a video game retailer with a stock that's been an absolute slaughterhouse of late.  The Najarians pointed out a massive amount of call-buying and takeover talk was in the air for this name as well.

Today's rumor du jour is about a takeover of Supervalu inc ($SVU), the grocery chain, as the stock shot up between 5 and 10% on heavy volume.  Reuters cited unnamed "traders" for the chatter and the company has not yet commented as of this posting (as if they would ever say anything one way or the other).

This market is circulating more rumors than Fleetwood Mac's record company, one wonders what we should make of that - especially if none of them turn out to be true.


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