I'm impressedBy how the Toronto traders pushed it down today. Nasdaq didn't participate as their volume was just average. Someone had their foot on the sell button all day long. They must know that the buyout will not be announced soon or the opposite is true as well. I remember when I was trading Cxr last spring and how it tanked 10 plus% just before they announced their first takeover then shot up in the news. Sometimes in buyout situations a big unjustified drop happens just before Major news. Another valid theory is that some anticipated the event over the long weekend and are existing their positions with no buyout announcement. The stock market never sezies to amaze me even on a day where I just lost about half a million in net worth for no apparent reason.