I also think we may be seeing a little "chartist" behavior here as well. We are sitting on the lower bolie and some other technicals are in play. Not to mention Clay's daily chart on Tuesday probably brought some more interest our way.
Regardless of this little mini run and the supporting reasons, the DD doesn't lie, no one has a crystal ball but with Peltz in the game, Lazard on deck and past history of asset sale tactics for both Chemtura and Rogerson the game is getting less risky and IMO once you put together enough pieces of the puzzle you can be confident in your investment - at any price down here.