Everyone seems to be forgetting that this company was just essentially bid for. For me that is normally a sign to BUY a stock as it is in play and the first takeover bid is often not the last. You'll do well to find an example of a stock being bid for and then falling by 20% in the same week. It defies logic and seems completely irrational. Or have I lost my mind?
So, either there is some info out that there that NOBODY seems to know about pushing the price down or it is a combination of panic selling, short selling and margin calls. Or is it something else that I'm missing?? Whatever it is, I'd sure like to know...
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