hanlong execs stood down, page-22

Because there are too many traders in the market as opposed to investors in a stock like SDL. Why buy SDL now and wait possibly till december to make 10 cents a share on it when professional traders with very sophisticated programs can make that same 10 cents in a much shorter time frame, all they need is liquid stocks with high volume traded daily. Your right though it wont be taken over at 50 cents and thats because that bid is "opportunistic" at best.