Valuable Schiff KB post from a few days agou "Extorre is a great example for how a buyout can go under the radar, or be held down to look like it went under the raddar. Look at that stock chart from Feb 1st until today. It went from about $9 Feb 1st, all the way down to $2.54 on Friday. We thought we had it bad being down about 40% in that time period. Extorre was down about 70%".
these deals can come out of the blue as far as mkt is concerned. I would not have believed it but Extorre did indeed occur in this way. Driven down into the very evening before buyout...........