I think this the first reaction of most of the traders, and certainly has its possibility. However on the other hand, if you see a bad guy leaving, then the up side could be there. Plus, given G8 has profit handsomely from the failed TO of AFJ, and technically the SP drop has stopped, I'd think the up side is higher chance than the down side.
GEM Price at posting:
$3.02 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)