Good point! You just have to look at the L2 and you can see there are MMs that are attempting to get out of their shorts in anticipation of the acquisition news and then we get this which is a freebie for what is about to come... lots of room to run up, the MMs have a short float to play with... once it starts running we could see a relatively early squeeze because it is obvious the company is already undervalued.
This month I have said, "I can't wait until Monday" far too often!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.