Starting to wonder if this is in fact prelude to a BUYOUT...I have seen this before where a stock runs up and then a buyout is announced at a hefty premium to the new higher levels... always figured it was done so that the acquirer could save face... If they offer $8 a share when the stock is trading at $4, the market can understand that, but if they were to make that same offer when we were trading at $2, the acquiring company's shareholders would be angry that they'd overpaid... I'll try to remember what the past examples of this were...
CPAC