For every seller there is a buyer I'm happy that shares are being traded from the hands of idiots/get rich quick hopefuls/etc. to the real investors who will make those same hands buy at a premium later on. If people only want to buy off acquisition news, let them. I look for organic growth. The most difficult thing to do is make money from a unique strategy (unlike acquiring using debt financing like Valeant which idiots loved for so long and look what happened; party is over). Once you have proven that unique strategy like NHC has you have my vote. Don't forget this is small cap life. If you cannot stomach volatility in the short term it is not for you.