A few weeks ago we did a soft launch of a "stream" of Alacra Pulse M&A Rumors on the StockTwits platform. StockTwits has been doing a quiet rollout of the Streams, which will launch with more visibility soon.
This morning, StockTwits' Phil Pearlman wrote a blog post spotlighting a couple of deals that were uncovered by Pulse early on before the market reacted:
Alacra Pulse: M&A Rumors & Deals Stream is Officially Rocking
The first deal involved Smurfit-Stone Container (SSCC) being acquired by Rock Tenn (RKT), which was announced January 24. As Phil notes in the post, on January 20, Alacra Pulse pushed out notification that Smurfit-Stone would be a good acquisition target, based on a blog post from Footnoted. Investors who bought the stock at the market close on the 20th would have seen better than a 25% return.
A similar case occurred with Genoptix (GXDX), acquired by Novartis (NVS) also on the 24th. Two weeks earlier, the Pulse M&A Rumors Stream noted that Genoptix was rumored to be in-play. Investors buying on the close that day would have gained 27% on the stock.
Through our partnership with StockTwits, we can push these Pulse Streams, previously available only to institutional clients, out to a broader market of active traders and investment professionals.
To learn more about the Pulse M&A Rumor Stream on StockTwits, visit the StockTwits Marketplace and sign up for a free trial.
