No that's not the reason Rocket. Nobody believes that. It's just people expressing their sense of validation, having chosen the winning side, and venting a little pent up frustration from having been subjected to LIT's inadequate and ill-conceived take over bid which was neither fair or reasonable, which seemed to go on and on for no good reason at all.
It is satisfying when market price movements reflect the position one has taken in good faith, and when one finds they've backed the right horse.
LIT Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held
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