GG " A buy out is very possible and this could all unfold very quickly. "
Sometimes, when I watch the trades & see large 'ask' orders show up & the tape being painted near the close; it makes me feel that a buyout is already in its early stages.
Restricting SP gains at this level by sacrifical selling of say 100K is lsmall chg compared with that reduction being regained over 400 million shares in a buyout.