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Facebook's Zuck Is Ready To Pull The Trigger On Strategic Acquisitions (FB,IBM,AOL,MSFT)Apr 19, 2012 (SmarTrend(R) News Watch via COMTEX) -- 4-19-12-Facebook is apparently prepared to burn through a lot of cash these days as the social networking site has reportedly purchased patents from IBM (NYSE:IBM) recently and may have made a bid for AOL's (NYSE:AOL) patent portfolio. Facebook's bid for the portfolio was outmatched by Microsoft's (NASDAQ:MSFT) $1.06 billion bid, however. Mark Zuckerberg has full control over how the company spends its cash, which was made very apparent by his decision to pull the $1 billion trigger on Instagram. SmarTrend is bullish on shares of AOL and our subscribers were alerted to buy on October 24, 2011 at $14.84. The stock has risen 68.7% since the alert was issued. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |